Estate tax - In the US, a tax imposed by the federal government or state on the net value of a deceased person"s estate after deduction of an exclusion. The net proceeds, after estate tax has been paid, pass to the beneficiaries. If the sole beneficiary is a spouse, no tax is payable.
Estate tax : in the us, a tax imposed by the federal government or state on the net value of a deceased person"s estate after deduction of an exclusion. the net proceeds, after estate tax has been paid, pass to the beneficiaries. if the sole beneficiary is a spouse, no tax is payable.
Estate tax