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 gift tax applies to the wealth transfer over your lifetime and is paid by the donor or estate; an estate tax is levied on the estate of the deceased.
From MarketWatch
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.
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
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.