Difference between revisions of "Inheritance tax"
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| − | An inheritance [[tax]] is a state tax on property that an heir or beneficiary under a will receives from a deceased person's estate. The heir or beneficiary pays this tax. [[category:legal terms]] | + | An '''inheritance [[tax]]''' is a state tax on property that an heir or beneficiary under a will receives from a deceased person's estate. The heir or beneficiary pays this tax. [[category:legal terms]] |
Revision as of 14:26, March 11, 2008
An inheritance tax is a state tax on property that an heir or beneficiary under a will receives from a deceased person's estate. The heir or beneficiary pays this tax.