Definitions

marital deduction - Legal Definition

n

An estate or gift tax deduction for the value of property that was assigned or has passed to the taxpayer’s spouse.

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  • marital deduction

Also Mentioned In


  • terminable interest
  • nonmarital
  • itemized deduction
  • deductive
  • deduction-theorem
  • marital-aids
  • charitable deduction
  • marital-aid
  • intermarital
  • intramarital

Words near marital deduction in the dictionary


  • marital agreement
  • marital-aid
  • marital-aids
  • marital communications privilege
  • marital deduction
  • marital-duties
  • marital-embrace
  • marital property
  • marital-rape
  • marital-status

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