inheritance tax

Oregon, like many other states, charges an inheritance tax. This tax is imposed on heirs and beneficiaries of property transfers from a deceased person's estate. As is often the case with state inheritance laws, there are a number of…

Technically speaking, an inheritance tax is different from an estate tax. The latter is a tax on a decedent's gross estate, while the former is levied against the share an individual receives of an estate. For practical purposes,…