What counts as gross estate?
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hunt
Apprentice
Joined: 08 Nov 2004
Posts: 1
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 Posted: 06/16/08 - 05:58 Post subject: |
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| My accountant told me something about my gross estate and that I should make a list of that, but I am not sure what were his exact words on this because I was still thinking about gross estate and what this means for crying out loud. I don’t know how to define this. Gross estate can be defined as what exactly? |
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timmy
Apprentice
Joined: 10 Jan 2007
Posts: 2
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| Posted: 07/16/08 - 00:13 Post subject: |
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| Everything that you have in your possession is a gross estate. This is all that you own and I am talking about major things here and not wardrobe, although I know that some people think that the most valuable things that they have are those that you can find in your wardrobe. Trust me this is not what they have n their mind when they ask you about your gross estate. There is no way that you can do this with no outside help, so you should be counting on somebody to make sure that you remembered everything. There are some small things that we always forget. |
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