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estate tax

NOUN
tax on a deceased person's estate
Synonyms


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.

An older relative gives annual gifts to minimize future estate taxes.

From MarketWatch

With generous federal estate-tax exemptions made permanent in the One Big Beautiful Bill Act last year, trusts that were created years ago to shield wealth from onerous federal estate taxes may be obsolete.

From Barron's

While there is no federal inheritance tax, the IRS does impose a federal estate tax, and the exemption threshold is adjusted annually for inflation.

From MarketWatch

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.

From The Wall Street Journal