Inheritance Taxes in United States
Plain-English Law
Inheritance Taxes as defined by Nolo’s Encyclopedia of Everyday Law (p. 437-455):
Taxes levied by some states on people who inherit property (compare with estate taxes).
Practical Information
Note: Some of this information was last updated in 1982
Levies by some of the states on the right of the living to receive property from the estate of the deceased. Inheritance taxes are excise taxes (in U.S. law) payable by the heirs and not by the estate of the deceased unless decedent specifies in his or her Last Will and Testament that the estate pay the inheritance taxes, in which case it is mandatory that the estate pay the taxes. See estate taxes (in U.S. law).
What is Inheritance Taxes?
For a meaning of it, read Inheritance Taxes in the Legal Dictionary here. Browse and search more U.S. and international free legal definitions and legal terms related to Inheritance Taxes.
Inheritance Taxes in State Statute Topics
Introduction to Inheritance Taxes (State statute topic)
The purpose of Inheritance Taxes is to provide a broad appreciation of the Inheritance Taxes legal topic. Select from the list of U.S. legal topics for information (other than Inheritance Taxes).
Resources
Further Reading
- Information about Inheritance Taxes in the Gale Encyclopedia of American Law.