Adjusted Gross Estate
The total value of the estate that remains after the payment of all administration expenses, debts, and tax exempt testamentary gifts.
Typically used in reference to the federal estate tax.
See: Gross Estate, Residuary Estate
The total value of the estate that remains after the payment of all administration expenses, debts, and tax exempt testamentary gifts.
Typically used in reference to the federal estate tax.
See: Gross Estate, Residuary Estate