I guess it depends on the situation; An inheritance tax (also known as an estate tax) is a tax levied on a person who inherits money or property, or a tax on the estate (total value of the money and...
Inheritance tax, estate tax and death duty are the names given to various taxes which arise on the death of an individual. In United States tax law, there is a distinction between an estate tax and...
In the US Tax issues regarding estates and inheritance are an extremely complicated matter as you can see from the various responses below. You should get your answers from an experienced tax...
This is when, why Federal estate taxing started. Inheritance taxation was generally imposed by the States, so the government in all it's wisdom enacted a Federal tax too.In 1916 Congress for the...