Aa tax imposed on the property that one inherits.
Taxes levied by some jurisdictions on people who inherit property. Sometimes referred to as “Estate taxes.
A tax levied by some states on the value of property you inherit from someone.
The taxes imposed, according to the relationship to the decedent, or the person who receives the property.
Taxes on real and personal property received through an inheritance.
Taxes some states impose on people or organizations who inherit property from a deceased person's estate. The taxes are based on the value of the inherited property.
An "estate" tax imposed by the state on heirs for their right to inherit property. The tax is not levied on the property itself, but rather on the heirs for their right to acquire the property by succession or devise. Therefore, the rates or the deductions may vary depending on the degree of the relationship. At the time of a person's death, a statutory lien usually attaches to all real property interests owned by the decedent, which lien remains in effect until the inheritance taxes have been paid and a "tax clearance" is issued. This applies even if property was held in joint tenancy with right of survivorship.