estate tax
Definition
Charge assessed on a property's fair market value (less liabilities) and payable after the owner's death. One of the main objective of estate planning is minimization of estate taxes. Also called estate duty. See also inheritance tax.
estate tax is in the Accounting & Auditing, Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.
estate tax appears in the definitions of the following terms: estate duty, joint trust and death taxes
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