gross estate

Английский Язык - Английский Язык

Определение gross estate в Английский Язык Английский Язык словарь: The total valuation of the estate's assets at the time of the person's death; The total value of all property in which a deceased had an interest This must be included in his or her estate for federal tax purposes; The value of an estate before debts are paid Probate fees are generally calculated on the gross value of the estate For instance, if your estate consists of your residence with a market value of $150,000 and a mortgage of $100,000, probate fees would be based on the $150,000 The requirement to file an Ohio or Federal estate tax return is based on the value of the gross estate, even if there would be no tax due; All of the assets and liabilities owned at death; The total value of a person's property and assets before accounting for debts, taxes, and liabilities; The total value of a person’s assets before taxes and other debts; The value of the property that you own when you die Also includes value of jointly-owned property, life insurance, death proceeds, and certain other items; The total value of a person's property and assets before debts, taxes and liabilities are accounted for; The total value of all property in which a deceased personâ€žknown as the decedentâ€žhad an ownership interest; The value of an estate before debts are paid; The total of an individual's accumulated wealth at death It includes such items as home equity, cash and savings, securities, stock, life insurance, land, business interests, notes and accounts receivable, and any personal property; The total value of all property in an estate before liabilities (i e , debts and taxes) are deducted; An individual's total assets before liabilities such as mortgage debts and loans Assets that comprise a gross estate include, but are not limited to, investments, savings, retirement plans, life insurance, residence, vacation property, personal property, home furnishings, and collectibles Gross National Product (GNP) The total value of all goods and services produced within the United States over a specific period of time; The total value of the assets you own at death or are included in your estate The value is determined at the date of your death or as of the alternate valuation date, which is six months following the date of death; The total value of a person’s assets before any deductions for taxes, funeral expenses, attorney fees or administration costs; The total property or assets held by an individual as defined for federal estate tax purposes; - All of a person's property before deductions (debts, taxes and other expenses or liabilities) that is subject to the federal estate tax See Estate; The total value, for estate tax purposes, of everything in which one has an ownership interest at the time of death