The Traderszone Network

Published in TZ Latest News 14 November, 2017 by The TZ Newswire Staff

What Is the Death Tax, and Who Pays It?

Will the government tax your estate when you die, taking assets you hoped to hand down to your heirs? 

The answer, under the current rules, is that it depends. Both the federal government and some states charge an estate tax based on the value of property you own at death. But the estate tax — also called the death tax by many — doesn’t hit every estate, and most people don’t end up paying any tax.

read more