California Revenue and Taxation Code
Except where the context otherwise requires, the definitions given in this chapter govern construction of this part.
"Estate" or "property" means the real or personal property or interest therein included in the gross estate of a decedent or transferor, and includes all of the following:
(a) All intangible personal property included in the gross estate of a resident decedent within or without the state or subject to the jurisdiction thereof.
(b) All intangible personal property in California included in the gross estate of a nonresident decedent of the United States, including all stock of a corporation organized under the laws of California or which has its principal place of business or does the major part of its business in California or of a federal corporation or national bank which has its principal place of business or does the major part of its business in California, excluding, however, savings accounts in savings and loan associations operating under the authority of the Division of Savings and Loan or the Federal Home Loan Bank board and bank deposits, unless those deposits are held and used in connection with a business conducted or operated, in whole or in part, in California.
"Personal representative" means the personal representative of the decedent or, if there is no personal representative appointed, qualified and acting within this state, any person who is in actual or constructive possession of any property included in the gross estate of the decedent.
"Transfer" means the inclusion of any property or other interest included in the gross estate of a decedent.
"Decedent" or "transferor" means any person whose death gives rise to a transfer.
"Transferee" means any person to whom a transfer is made, and includes any legatee, devisee, heir, next of kin, grantee, donee, vendee, assignee, successor, survivor, or beneficiary.
"Resident" or "resident decedent" means a decedent who was domiciled in California at his or her death.
"Nonresident" or "nonresident decedent" means a decedent who was domiciled outside of California at his or her death.
"Gross estate" means "gross estate" as defined in Section 2031 of the United States Internal Revenue Code of 1954, as amended or renumbered.
"Taxable estate" means the "taxable estate" as defined in Section 2051 of the United States Internal Revenue Code of 1954, as amended or renumbered.
"Federal credit" means the maximum amount of the credit for state death taxes allowed by Section 2011 of the United States Internal Revenue Code of 1954, as amended or renumbered in respect to a decedent's taxable estate.