Monday, January 26, 2009

Florida Estate Planning: 16 States You Don't Want To Die In



Forbes.com has an article on where not to die.

Sixteen states and the District of Columbia (shaded in red) impose their own estate taxes. The dollar amount exempted from tax (in black) and the top tax rate (in yellow) vary by state. Eight states (shaded in orange) levy an inheritance tax, meaning the tax rate (in black) depends on who gets the money. New Jersey and Maryland levy both types of tax. For help with Florida's laws, you should consult with a reputable Florida estate planning attorney.

Click on the map for a larger version of the image.

-- Stuart Morris, JD

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