Investor Glossary-estate taxInvestor Glossary-estate taxInvestor Glossary-estate taxInvestor Glossary-estate taxInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Estate Tax

The HTML to link to this page
 

The estate tax is simply a tax on assets charged by the government at one's death, less liabilities. The total credit amount of the estate tax is applicable to the sum of the property transferred at death. When death occurs, the estate tax is levied based on fair market value of one's property. Characteristically, the bearers of the estate tax are those who inherit the remaining assets. Thus, family members, friends, or anyone who becomes heir to the estate as instructed, is subject to the estate tax. However, the surviving spouse is excluded from the estate tax. This provision of the estate tax is known as "unlimited marital deduction". There are numerous other deductions associated with the estate tax, and the tax law governing them can be quite complex. In the United States the estate tax is also known as "the death tax".



Rate this estate tax definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: in escrow, wholly-owned subsidiary, risk management, phantom income, class C shares, deferred tax, minority interest, 1031 exchange, command economy, stock market close, VIX, 144a, average price per share, cancelled check, deferred revenue, 401a, 1035 exchange, EBITDA, required rate of return, debt service coverage, option premium, current ratio, margin rate, open position, limit order, reverse mortgage, FICO score, Zero Cost Collar, covered put, ex-dividend, FTSE, real GDP, liquidity ratio, LIBOR, labor relations, balance sheet, implied volatility, Key Rate Duration, irrevocable trust, diluted share, quality assurance, retained earnings, stock split, inflation, APR, ex-dividend date, dividends payable, annual return, per diem


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use