No estate or inheritance tax doesn't mean tax-free. See these 10 states with no inheritance taxes — and the hidden costs that still shrink an inheritance.
Inheritance Funding reports that inheritance tax limits vary by state. Close relatives often avoid taxes, whereas distant ones face higher rates.
Inherited assets from your loved one, whether in the form of cash, stocks or real estate, can be subject to inheritance taxes, depending on your relationship and inheritance value. While most states ...