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FAMILY FINANCES

Do you have to pay estate and inheritance tax to your state?

Maybe not, but it depends where you live

Published: May 20, 2015 08:00 PM
Photo: Mark Wragg

The chart below lists the estate and inheritance taxes levied by the states that impose them. Bear in mind that state laws on these matters change frequently, so check with an attorney or tax adviser if you inherit money in the future.

When you do your estate planning avoid these 6 minefields, and make sure you spare your heirs a battle over your estate.

––Mandy Walker (@MandyWalker on Twitter)

Editor's Note:

This article also appeared in the March, 2015 issue of Consumer Reports Money Adviser.

 



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