17 States With Inheritance or Estate Taxes (and D.C.)

This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.

 There’s even one U.S. state that levies both an estate tax and an inheritance tax on its residents. PeopleImages.com – Yuri A / Shutterstock.com

A majority of states do not tax the property or other wealth you leave behind when you die. However, in some states, your estate or your heirs might owe estate or inheritance taxes if the value of your estate or their inheritance from you exceeds a certain amount. Currently, a dozen states as well as Washington, D.C., have an estate tax, Nolo reports. Six states have an inheritance tax…

 Read More