adjusted gross estate Definition | Business Dictionaries from AllBusiness.com
Facebook Twitter You Tube RSS Feed

Business Glossary

SEARCH THE BUSINESS GLOSSARY

Business Definition for: adjusted gross estate
adjusted gross estate

value of an estate after payment of administrative expenses, debts of the decedent and losses, but before estate taxes are paid. Fifty percent of the adjusted gross estate is the maximum value of a marital deduction in computing death taxes .

Copyright c 2006, 2000, 1997, 1993, 1990 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

AllBusiness Greatest Hits