estate tax

a tax imposed on a decedent's property, assessed on the gross estate prior to distribution to the heirs.
Also called death tax.

1905–10 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To estate tax
Example sentences
Real estate tax on the first two properties can be deducted from personal
  income tax.
As the estate tax fades away, they may not need to reposition themselves as
  much for retirement.
Yet from an estate tax perspective, putting some portion of the firm into a
  trust for heirs makes sense.
Forget they and the diminished estate tax used to collect almost half the
  nation's revenue.
Copyright © 2014, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature