Resources for executors and Estate Administrators

State Estate Tax/State Inheritance Tax

State Estate Tax/State Inheritance Tax

February 24, 2023
State Estate Tax and State Inheritance Tax| 5-minute read
Estate Accounting| Estate Tax | Estate Fiduciary

Main Link: SmartAsset: Estate Taxes by State; Inheritance Taxes by State

First, state tax laws change.  Therefore, the information in the link provided has not been verified by Executorium and is presented as a guideline.  Accordingly, please consult an estate tax accountant or tax attorney to understand Estate and Inheritance Tax laws and obligations of the estate. Furthermore, If you have received an estate distribution, you should also contact a CPA in the state where you file to see if state inheritance tax laws apply.

Please consult Executorium’s Estate Service Provider’s Directory for a list of accountants in your county or in the county of the estate:
Estate Service Providers Directory for Executors

  • Estate TaxFederal Estate Tax – “The [federal] estate tax is a tax on your right to transfer property at your death. It consists of an accounting of everything you own or have certain interests in at the date of death.”
    IRS Estate and Gift Taxes Jan 23, 2023
  • State Estate Tax – Taxes paid by an estate to the state as per the current state tax code.
  • State Inheritance Tax – Taxes paid by the heir or beneficiary to the state.

NOTE: Maryland has both an inheritance tax and an estate tax.  Maryland’s inheritance tax (as of this writing) applies to a beneficiary who is not a spouse, a child, a direct descendent (or spouse of a direct descendent), parent, stepparent, grandparent, stepchild, or sibling.  Likewise, a spouse of a child or direct descendant is also exempt.

At the link above, readers can access SmartAsset’s summary of a state’s estate and inheritance tax obligations.  Or click HERE.


About Estate Tax by SmartAsset