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net estate

Definition

The part of an estate which remains after all deductions for administering the estate have been made; the net estate is what is given to the beneficiaries.

Nearby Terms

net debt to assessed valuation
net debt to estimated valuation
net dividend per share
Net Domestic Product
net earnings
net estate
net exports
net exposed assets
net fixed assets
net float
net free reserves

Popular 'Law & Estate Planning' Terms

escrow
fiduciary
arm's length transaction
irrevocable trust
revocable trust
per stirpes
bill of exchange
letters testamentary
joint venture
escrow account

Related Terms

gross estate

net estate

Definition

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