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2. Estate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Estate_tax_in_the_United...

   The estate tax is part of the federal unified gift and estate tax in the United States. The other part of the system, the gift tax, applies to transfers of property during a person's life. In addition to the federal government, 12 states tax the estate of the deceased. Six states have "inheritance taxes" levied on the person who receives money ...

3. How Much Is Inheritance Tax? Find Out the Rates, Limits and ...

   www.aol.com/much-inheritance-tax-rates-limits...

   Siblings, parents, children and grandchildren: No taxes on amounts up to $100,000, then 1%. Others: 11% to 15% on amounts above $25,000. 2. New Jersey. Lineal descendants: No inheritance tax ...

4. Gift tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Gift_tax_in_the_United_States

   United States portal. v. t. e. A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's ...

5. Inheritance tax - Wikipedia

   en.wikipedia.org/wiki/Inheritance_tax

   An inheritance tax is a tax paid by a person who inherits money or property of a person who has died, whereas an estate tax is a levy on the estate (money and property) of a person who has died. [1] However, this distinction is not always observed; for example, the UK's "inheritance tax" is a tax on the assets of the deceased, [2] and strictly ...

6. Inheritance Tax: What Happens When You Split What You ... - AOL

   www.aol.com/inheritance-tax-happens-split...

   Inheritance Tax vs. Estate Tax. These examples apply to inheritance tax, which is a state tax on the money someone inherits. The federal government does not charge an inheritance tax, but it does ...

7. How to Avoid Hefty Inheritance Taxes - AOL

   www.aol.com/strategies-avoid-inheritance-taxes...

   There is a federal estate tax, while a number of states also levy their own estate tax. The inheritance tax, meanwhile, is levied on money after it has passed on to an heir. Money can be subject ...