### Question
What is the definition of property subject to claims?


### Answer
The definition of **property subject to claims** is as follows in *26 U.S.C. § 2053*:

> property includible in the gross estate of the decedent which, or the avails of which, would under the applicable law, bear the burden of the payment of such deductions in the final adjustment and settlement of the estate, except that the value of the property shall be reduced by the amount of the deduction under section 2054 attributable to such property

#### Citation:
  - *26 U.S.C. § 2053*
  - Heading: **Subtitle B-Estate and Gift Taxes > CHAPTER 11-ESTATE TAX > Subchapter A-Estates of Citizens or Residents > PART IV-TAXABLE ESTATE**

