Death Taxes

Defective Title

Taxes levied at death, based on the value of property left behind. there are two main types of death taxes in the united states: estate taxes and inheritance taxes. the federal government and some state governments impose estate taxes on decedent’s estates. and some states levy inheritance taxes on people who inherit property.

Was This Term Helpful?

0 out of 0 found this helpful

Still got a question or concern?

Click here to contact us or go back to the main Glossary page.