Federal estate tax exemption is $5.25 million per person and $10.5 million per couple in 2013. However, these are just federal level estate tax thresholds. There are 17 states and the District of Columbia also impose taxes on smaller estates than does Uncle Sam.
Which states have NO state level estate taxes?
Forbes has an up-to-date map shows the state-specific information, check the link below for an interactive version:
http://www.forbes.com/special-report/2013/the-states-with-state-death-taxes-for-2013.html
Which states have NO state level estate taxes?
Forbes has an up-to-date map shows the state-specific information, check the link below for an interactive version:
http://www.forbes.com/special-report/2013/the-states-with-state-death-taxes-for-2013.html
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