Special elective benefit definition

Special elective benefit means a reduction in an estate tax obtained by an election for:
Special elective benefit means a reduction in an estate tax ob- tained by an election for:
Special elective benefit means a reduc- tion in an estate tax obtained by an election for:

More Definitions of Special elective benefit

Special elective benefit means a reduction in an estate tax obtained by an election for: (A) a reduced valuation of specified property that is included in the gross estate;

Related to Special elective benefit

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).