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


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # 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 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
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use