Net estate
Term · Law · MLC-T-LAW-003385
The value of a deceased person's assets remaining after all debts, funeral expenses, and administrative costs have been paid. This figure represents the amount available for distribution to beneficiaries or heirs according to a will or intestacy laws. Estate taxes are often calculated based on the net estate value.
| Identifier | MLC-T-LAW-003385 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003385",
"term": "Net estate",
"field": "Law",
"definition": "The value of a deceased person's assets remaining after all debts, funeral expenses, and administrative costs have been paid. This figure represents the amount available for distribution to beneficiaries or heirs according to a will or intestacy laws. Estate taxes are often calculated based on the net estate value.",
"url": "https://mlchart.com/terminology/law/net-estate/"
}
Record 3,367 of 5,445 in Law terminology (MLC-0107). Request the full dataset.