Gross income is defined as income before deduction of expenditures.
Therefore, it has always been the interpretation in our court that the gross value of the estate is the value of the property to be assigned prior to deduction of any liens or encumbrances. Inventory fees were figured on the gross value. If a person wanted to deduct liens and encumbrances they had to open an estate. This has been the topic of discussion at various registers meetings and the consensus is that gross is gross not net. It has no counterpart in the Uniform Probate Code.