Iowa has the lowest state inheritance tax, at a maximum of 2%. Kentucky and New Jersey have the highest, at a top rate of 16%, but they are among a group of three states that offer exemptions up to a ...

The inheritance tax is paid by the heirs. The federal government has only an estate tax, but states can have one, both, or none, which can make death taxes even more confusing. Need a break?

One of the most common questions I hear from clients in my estate planning practice is: "Will my heirs have to pay taxes on ...

Louisiana no longer has inheritance taxes and laws. Act 822 of the 2008 Regular Legislative Session repealed the inheritance ...

At the end of every July HM Revenue & Customs publishes its analysis of inheritance tax statistics. The latest information (July 31, 2024) states “in the tax year 2021 to 2022 4.39 per cent of ...