Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
aaUusted gross estate
1. The total value of a decedent's property after subtracting administration expenses, funeral expenses, creditors' claims, and casualty losses. ( The value of the adjusted gross estate is used in computing the federal estate tax. Cf. net estate. 2. See gross estate (1).