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Illinois has no inheritance tax, according to Bankrate. However, Illinois levies a state estate tax on some estates that have estimated gross values of over $4 million as of 2015, ...

Inheritance Tax Law
Inheritance tax is different from estate tax. Governments levy estate taxes on the decedent's representative when disbursing the estate's assets. Governments levy inheritance tax on the beneficiary of the estate. In other words, if a father left property... More »
Difficulty: Easy
Source: www.ehow.com

Estate tax in the United States


The "gross estate" for federal estate tax purposes often includes more property than that included in the "probate estate" under the property laws of the state in ...

Estate Tax


Dec 2, 2015 ... Estate Tax. The Estate Tax is a tax on your right to transfer property at your death. It consists of an accounting of everything you own or have ...

Each beneficiary of a Pennsylvania estate receives, or does not receive, an exemption from the Pennsylvania inheritance tax based on the beneficiary's degree of relationship to the decedent. Class B - This class includes all other beneficiaries. If any tract of farm ... More »
By Julie Garber, About.com Guide

What are Inheritance Taxes? - TurboTax Tax Tips & Videos


Of course, state laws are subject to change, so if you are receiving an inheritance , check with your state's tax agency. The tax rates on inheritances can be as low ...

Federal Inheritance Tax - Money-zine.com


Explains the basics of inheritance tax law, including tax basis, gross estate, net property value, life insurance and the unified credit, gift and estate tax.

Federal Gift and Estate Law in 2016 and Beyond | Nolo.com


For the foreseeable future, the federal estate tax will continue to affect only the richest families in America. Under legislation passed by Congress on New Year's  ...

Estate Tax Law - FindLaw


Estate taxes are imposed by the federal government on the transfer of a deceased person's property to heirs and others identified in estate planning documents ...

IRS Announces 2015 Estate And Gift Tax Limits - Forbes


Oct 30, 2014 ... The federal estate tax exemption rises to $5.43 million per person for 2015, but the annual gift exclusion amount stays at $14000.

Popular Q&A
Q: Inheritance Tax Law.
A: Inheritance tax is different from estate tax. Governments levy estate taxes on the decedent’s representative when disbursing the estate’s assets. Governments le... Read More »
Source: www.ehow.com
Q: Nebraska Inheritance Tax Law.
A: There's only one way to ensure that your assets will go to the loved ones or charity you want to receive them after your death. That is by writing a last will a... Read More »
Source: www.ehow.com
Q: Inheritance tax laws?
A: The odds that you are actually inheriting anything from anyone in Nigeria are exactly ZERO! This is a common SCAM. They'll demand money up front for Nigerian in... Read More »
Source: answers.yahoo.com
Q: Inheritance Tax Law (UK) - What about this?
A: What has the Council got to do with this? Do you mean that the Council tax had been underassessed for some years? Or do you mean that the District Valuer has fi... Read More »
Source: answers.yahoo.com
Helpful Resources

Estate and Gift Taxes


Dec 2, 2015 ... The estate tax is a tax on your right to transfer property at your death. ... Stay up to date with the tax law changes related to estate and gift taxes.