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The worst U.S. states to die in
Yahoo ^ | March 4, 2014 | Bill Bischoff

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 ...


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: beststates; deathtax; estatetax; estatetaxes; hi; inheritancetax; inheritancetaxes; tax; taxes; worststates
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1 posted on 03/05/2014 11:19:06 AM PST by EveningStar
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To: EveningStar

so which states ???


2 posted on 03/05/2014 11:20:28 AM PST by Tennessee Nana
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To: EveningStar

Obama-ville


3 posted on 03/05/2014 11:21:29 AM PST by Paul46360
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To: Tennessee Nana

Hint: All the usual cast of characters, and all went Marxist in the 2012 election.


4 posted on 03/05/2014 11:22:05 AM PST by BlueStateRightist (Government is best which governs least.)
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To: Tennessee Nana

the state of assuming room temperature


5 posted on 03/05/2014 11:22:14 AM PST by Paul46360
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To: EveningStar
With the current relatively generous federal estate tax exemption...

I get to keep what I worked my whole life for? How generous (sarcasm)

6 posted on 03/05/2014 11:22:34 AM PST by BookmanTheJanitor
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To: EveningStar

Who else remembers when rabid lib Senator Howard Metzenbaum moved from Ohio to Florida in his dying days to avoid the state death tax?

http://diplomatdc.wordpress.com/2010/08/08/the-hypocrisy-of-sen-howard-metzenbaum-and-a-tax-lesson-from-lebron-james-by-gregory-hilton/


7 posted on 03/05/2014 11:24:50 AM PST by nascarnation (I'm hiring Jack Palladino to investigate Baraq's golf scores.)
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To: EveningStar

“The worst U.S. states to die in..” Actually, it’s the state that you live (lived) in that’s the problem.


8 posted on 03/05/2014 11:27:15 AM PST by WinMod70
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To: WinMod70

There is no good state in which to die.


9 posted on 03/05/2014 11:32:38 AM PST by Zuben Elgenubi (NOPe to GOPe)
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To: Tennessee Nana

sin


10 posted on 03/05/2014 11:32:42 AM PST by muglywump (Seven days without laughter makes one weak.)
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To: EveningStar

Another reason to leave New York


11 posted on 03/05/2014 11:39:44 AM PST by PGR88
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To: Tennessee Nana

The state of salvation is the best to be in.


12 posted on 03/05/2014 11:40:05 AM PST by AD from SpringBay (http://jonah2eight.blogspot.com/)
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To: Just Lori; Libertina; Lexinom; horatio; freebird5850; Horatio Gates; Ramius; HairOfTheDog; ...
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."

13 posted on 03/05/2014 11:48:19 AM PST by Baynative (Got bulbs? Check my profile page.)
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To: EveningStar

Best, I think, is in a highly enebriated state.


14 posted on 03/05/2014 11:50:22 AM PST by Rodamala
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To: EveningStar

Iowa - $15 exemption? Wow, don’t spend it all in one place...


15 posted on 03/05/2014 11:54:09 AM PST by Hoffer Rand (Bear His image. Bring His message. Be the Church.)
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To: EveningStar

My pick would be all of them and anywhere else for whatever it matters.


16 posted on 03/05/2014 12:04:23 PM PST by pfflier
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To: Tennessee Nana

RTFA!

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. ("Read The Fine Article!")

17 posted on 03/05/2014 12:16:27 PM PST by TXnMA (Remember the Alamo! Remember Goliad! REPEAT San Jacinto!!!)
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To: Rodamala

I’ll drink to that!!


18 posted on 03/05/2014 12:27:22 PM PST by HippyLoggerBiker (Always carry a flagon of whiskey in case of snakebite and furthermore always carry a small snake.)
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To: EveningStar

I don’t wanna die in any of ‘em.....

But when my time comes “Grace” is the only state that matters.


19 posted on 03/05/2014 12:46:16 PM PST by G Larry (Did You Like That Better?)
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To: EveningStar

The worst U.S. states to die in?

Florida. Because so many people are ahead of you in line.


20 posted on 03/05/2014 1:13:04 PM PST by Buckeye McFrog
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