Estate Taxation

Estate Taxation

Black's Law Dictionary Definition

A tax imposed on the right to transfer property by death. Thus, an estate tax is levied on the descendant's estate and not on the heir receiving the property. A tax levied on the right to transmit property, while "inheritance tax" is levied on the right to receive property. The tax is based on the value of the whole estate less certain deductions.

See also: Trusts and Estates, Estate Planning

Estate Taxation

As with all things in life, taxes surely do follow. Even after a difficult time after losing a loved one, their estate will most likely be taxed. As a trustee, you will have the responsibility to pay those taxes. Although, double checking to see if you are being taxed for the correct thing is important.

Check to see how your estate is being protected. David Whipple can help you with this difficult time. He has been working on estates for over 30 years and has had many cases in this field. He has even had experiences in his own personal life dealing with estates.


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Trust The Whipple Law Firm with your estate issues. This is an important issue to you, so it should be to your lawyer. David Whipple will treat your case as his own case. Contact us today by calling us or use this form. Call today for a free 30-minute consultation.

The material provided is intended for informational purpose only. It is not to be considered legal advice and not to be construed as legal representation.