Investor Glossary-inheritance taxInvestor Glossary-inheritance taxInvestor Glossary-inheritance taxInvestor Glossary-inheritance taxInsightful stock market charts - Click here
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

Inheritance Tax

The HTML to link to this page

The inheritance tax is tax imposed on the heirs of the estate upon the transfer of assets from the deceased person. The inheritance tax is also known as the estate tax. That is because the inheritance tax applies to anything of value, including real estate, jewelry, collectable items, and alike. The inheritance tax is also pertinent to intangible assets, such as life insurance and investments. Traditionally, the inheritance tax is known to be quite high, and sometimes even unaffordable. Thus, in order to minimize inheritance tax burdens, it is recommended to implement thorough estate planning (i.e. writing a will, creating trusts, etc.). With that in mind, many families purchase dual life insurance, which helps the beneficiaries reduce inheritance tax spending. In the United States the inheritance tax is also referred to as the death tax.

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

Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use