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Meaning of NET ESTATE
WordNet Dictionary
Definition:
[n]
the
estate
remaining
after
debts
and
funeral
expenses
and
administrative
expenses
have
been
deducted
from
the
gross
estate
;
the
estate
then
left
to
be
distributed
(
and
subject
to
federal
and
state
inheritance
taxes
)
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See Also:
estate
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