18 U.S. States Whose Death Taxes Should Be Six Feet Under

Photo by Vitalii Vodolazskyi from Shutterstock

The vast majority of Americans shouldn’t be scared of federal “death taxes” because only estates that are worth $11.58 million (or more) face this type of tax. However, you shouldn’t comfort yourself with the “it’s perfectly fine” attitude just because your assets are far away from the federal estate tax threshold.

Why? Because you may confront a tax bill in the near future if you live in one of these states. Most states have minimized if not eliminated for good their death taxes in recent years, but some still impose an estate tax or/and an inheritance tax.

So, if you’ll spot the state you live in here, keep your eyes wide open because your heirs could come upon a state tax collector.

1 23 ... 7NEXT

Leave a Comment

Your email address will not be published. Required fields are marked *

Beer with friends.

Do You Know Which States Have the Highest Beer Taxes?

Whether you’re cracking open a cold one during a hot summer day or enjoying some liquor by the fireplace around the holidays, there’s no question that alcohol can be highly enjoyable. What might ruin your mood for a glass, however,

From Our Network: