According to The Tax Foundation, 16 states and DC have Estate taxes, 7 states have Inheritance taxes. Washington has the highest Estate tax at 19%. Indiana has the highest Inheritance tax at 20% followed by Nebraska at 18%. New Jersey has an Estate tax of 16% and an Inheritance tax at 16%. Maryland also has both an Estate tax and Inheritance tax.
http://taxfoundation.org/blog/weekly...and-exemptionsEstate taxes are levied on the estate itself prior to transfer; inheritance taxes are levied on the transfer of wealth based on the recipient's relationship to the descendent.
What are the Estate and Inheritance taxes in the state you live in?
I found this on the Free State Project Facebook page.
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