Ohio Code 5731.03 – Value of gross estate
Current as of: 2023 | Check for updates
|
Other versions
The value of the gross estate shall include the value of all property, to the extent of the interest therein of the decedent on the date of the decedent’s death.
Terms Used In Ohio Code 5731.03
- 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.
- Property: means real and personal property. See Ohio Code 1.59