### Question
Can you define what active management means?


### Answer
**Active management** is defined as the following in *26 U.S.C. § 2032A*:

> the making of the management decisions of a business (other than the daily operating decisions)

#### Citation:
  - *26 U.S.C. § 2032A*
  - Heading: **Subtitle B-Estate and Gift Taxes > CHAPTER 11-ESTATE TAX > Subchapter A-Estates of Citizens or Residents > PART III-GROSS ESTATE**

