Inheritance and estate taxes, often referred to as "death taxes," vary significantly across the United States. Federal estate taxes apply only to the wealthy, with estates exceeding $13.61 million in ...
In 2025, federal estate taxes can reach 40% for estates above the exemption threshold, affecting high-value inheritances.
An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...
Many people may feel taxed to death, but it's actually more than that. After you die, there may still be taxes to pay. Death can be a tax-triggering event. And there are two you should be aware of: ...
A bill recently reintroduced in Pennsylvania could eliminate the state's inheritance tax currently levied on properties transferred from an individual to their heirs after they pass. According to the ...