WA Ping"The lowest maximum state estate tax rate is 12% (Connecticut and Maine). The highest is 19% (Washington). The other states and D.C. all charge a 16% maximum rate."
Posted on 03/05/2014 11:19:05 AM PST by EveningStar
With the current relatively generous federal estate tax exemption of $5.25 million for 2013 and $5.34 million for 2014, you surely don't have any estate tax worries. Right? Not necessarily! It turns out that 19 states and the District of Columbia impose their own estate and/or inheritance taxes, and most of them have exemptions well below the federal amount. If you live in one of these places, your estate might be exempt from the federal estate tax but still exposed to a significant state death tax hit. Yikes! Here's what you need to know.
(Excerpt) Read more at finance.yahoo.com ...
so which states ???
Obama-ville
Hint: All the usual cast of characters, and all went Marxist in the 2012 election.
the state of assuming room temperature
I get to keep what I worked my whole life for? How generous (sarcasm)
Who else remembers when rabid lib Senator Howard Metzenbaum moved from Ohio to Florida in his dying days to avoid the state death tax?
“The worst U.S. states to die in..” Actually, it’s the state that you live (lived) in that’s the problem.
There is no good state in which to die.
sin
Another reason to leave New York
The state of salvation is the best to be in.
WA Ping"The lowest maximum state estate tax rate is 12% (Connecticut and Maine). The highest is 19% (Washington). The other states and D.C. all charge a 16% maximum rate."
Best, I think, is in a highly enebriated state.
Iowa - $15 exemption? Wow, don’t spend it all in one place...
My pick would be all of them and anywhere else for whatever it matters.
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("Read The Fine Article!")I’ll drink to that!!
I don’t wanna die in any of ‘em.....
But when my time comes “Grace” is the only state that matters.
The worst U.S. states to die in?
Florida. Because so many people are ahead of you in line.
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