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Inheritance Tax

What is an inheritance tax?

There are a number of different taxes to consider when planning and administering an estate.  Technically, an inheritance tax can be defined as a tax on receiving money.  In the United States, and specifically here in Wisconsin, we don't have an inheritance tax for money received.  On the other hand, you'll find several other types of taxes to worry about:

With appropriate tax planning, you can minimize all of these taxes to ensure that you pass as much value on to your loved ones as possible.  And, even if it's time for administration, there are still options that a talented attorney can help you take advantage of to make sure everyone gets the most from an estate.

Cornerstone Law, LLC does not provide legal advice through this website; legal advice, by its very nature, requires a full understanding of your personal situation and can change from jurisdiction (your location) to jurisdiction. This website does not intend to provide legal advice, but instead, provide a general background education on different legal topics. If you would like legal advice, please contact Cornerstone here.

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