Federal estate taxes apply to estates worth more than $13.61 million as of 2024. Tax rates range from 18% to 40%. There is no federal inheritance tax. The following table lists federal estate tax ...

An inheritance tax is a tax imposed on the recipient (beneficiary) of an estate, meaning the person receiving assets from a deceased individual may be responsible for paying it. Individuals who ...

Wealthy individuals often pay less in inheritance taxes than we expect. Learn how tax exemptions, trusts, and legal ...

Senate Majority Leader John Thune pitched a full repeal of the estate tax Wednesday, setting as a priority the elimination of ...

Editor’s note: This is part 10 of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...

The federal estate tax exemption is going up again for 2025. Though, the higher IRS inflation-adjusted number may not come as a surprise to most. However, 2025 will be a pivotal tax year.

Effective property tax rates are calculated by dividing the median real estate tax paid by the median home value reported in the 2022 American Community Survey (ACS), the most recent data available.