All Estate Tax Articles
The federal estate tax will continue to affect only the richest families in America.
A Qualified Domestic Trust (QDOT) is designed to achieve a very particular goal: deferring federal estate tax when a U.S. citizen dies
A charitable lead annuity trust gives you a way to make a large gift to charity, get a tax break, and eventually leave assets to family members.
If you make very large gifts during your lifetime, you may owe federal gift tax.
If you own a life insurance policy on your own life, and you’re concerned about estate taxes, you may be able to use a life insurance trust to red...
If you’re a resident of Oregon and leave an estate of more than $1 million, your estate may have to pay Oregon estate tax.
If you live in Tennessee, you may know that your state used to impose its own estate tax, but that the tax ended in 2016.
If you’re a Rhode Island resident, your estate is more likely to owe Rhode Island estate tax than it is to owe federal estate tax.
If you make your home in Vermont (or own valuable property, such as a vacation home, in the state), then after your death, your estate may owe Vermont...
Washington state currently imposes its own estate tax on estates worth more than $2.054 million.
If you are a North Carolina resident fortunate enough to leave a very large estate, it may owe federal estate tax -- but North Carolina won't levy its...
For deaths after April 1, 2017, New York taxes estates larger than $5.25 million.
New Jersey collects both an inheritance tax and its own estate tax, separate from the federal estate tax.
Under current law, if you leave an estate worth more than $1 million, it may owe Massachusetts estate tax. The maximum state tax rate is 16%.
Maryland has its own estate tax, separate from the federal estate tax.
Maine requires all estates to file a Maine estate tax return, but for deaths in 2016, taxes only estates of more than $5.45 million.
Illinois has its own estate tax, which applies only to estates with a value of more than $4 million.
After doing away with its estate tax, Hawaii brought back the tax, and it now applies to estates that have a total value of more than $5.49 million.
Estates with a total value of more than $2 million may be subject to the District of Columbia estate tax, which is separate (and in addition to) the...
Delaware taxes only very large estates, worth more than $5.45 million.
Connecticut currently imposes its own estate tax on estates that have a total gross value of more than $2 million.
One increasingly popular way to help out a favorite cause is by donating to a "pooled" charitable trust. You can do this with a contribution of $5,000...
Most estates don't owe federal estate or gift tax, because you can give away or leave substantial amounts of property tax-free.
2010 and 2011 brought big changes in federal estate tax law. In 2010, there was no federal estate tax. But new rules about the tax basis of inherited ...
A charitable trust lets you donate generously to charity, and it gives you and your heirs a big tax break. But charitable trusts also require that tha...