estate tax

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The ultrarich can use structures such as dynasty trusts to shield their assets from estate taxes for generations, while the step-up provision adjusts the cost basis of an inherited asset to its fair market value.

From The Wall Street Journal

If you live in a state with high estate tax, for example, life-insurance proceeds can help your estate pay those taxes.

From MarketWatch

On the other hand, a 2019 study found billionaires tended to move out of states with estate taxes, and especially as they aged.

From MarketWatch

On the other hand, a 2019 study found billionaires tended to move out of states with estate taxes, and especially as they aged.

From MarketWatch

The gift tax applies to the wealth transfer over your lifetime and is paid by the donor; an estate tax is levied on the estate of the deceased.

From MarketWatch