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Glossary Finance

Estate tax

Estate tax is a tax on the value of a person's property at death, usually applying only above a large exemption amount set by law.

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In more detail

Whether and how much is owed depends on the country, region, the size of the estate and the relationship of the heirs. Exemption amounts change often, so check current rules or ask an adviser.

Try these tools

Estate Tax Calculator

Estimate federal estate tax owed using a simplified flat top-rate approximation -- gross estate value, prior taxable gifts.

See also

  • Glossary Net worth
    Net worth is the total value of everything you own (assets) minus everything you owe (liabilities).
  • Glossary Capital gains
    A capital gain is the profit from selling an asset, such as shares or property, for more than you paid for it.
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