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.
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.
If you live in a state with high estate tax, for example, life-insurance proceeds can help your estate pay those taxes.
From MarketWatch
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
