Nolo's Plain-English Law Dictionary
Need Professional Help? Talk to a Lawyer
Enter Your Zip Code to Connect with a Lawyer Serving Your Area
Enter Your Zip Code to Connect with a Lawyer Serving Your Area
- Inheritance Tax
- A tax some states impose on people or organizations who inherit property from a deceased person. The tax rate depends on the inheritor's relationship to the deceased person; typically, spouses or children pay no tax, but less closely related inheritors do pay inheritance tax. Compare: estate tax
Find us on Facebook
Follow us on Twitter
Find us on Google+
Watch us on YouTube
Listen to us on iTunes