California Revenue and Taxation Code 13404 – “Transfer” means the inclusion of any property or other interest …
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“Transfer” means the inclusion of any property or other interest included in the gross estate of a decedent.
(Amended by Stats. 2000, Ch. 363, Sec. 4. Effective September 8, 2000.)
Terms Used In California Revenue and Taxation Code 13404
- Decedent: A deceased person.
- Gross estate: The total fair market value of all property and property interests, real and personal, tangible and intangible, of which a decedent had beneficial ownership at the time of death before subtractions for deductions, debts, administrative expenses, and casualty losses suffered during estate administration.