Wills, Trusts & Estates

Kentucky: The inheritance tax is a tax on a beneficiary's right to receive property
from a decedent's estate. It is imposed as a percentage of the amount
transferred to the beneficiary:
o
Transfers to "Class A" relatives (spouses, parents, children, grandchildren,
and siblings) are exempt
o
o
Transfers to "Class B" relatives (nieces, nephews, daughters-in-law, sonsin-law,
aunts, uncles, and great-grandchildren) are taxable
Transfers to "Class C" recipients (all other persons) are taxable at a higher
rate. Kentucky imposes an estate tax in addition to its inheritance tax.
Maryland
Nebraska
New Jersey: New Jersey law puts inheritors into different groups, based on their
family relationship to the deceased person:
o
Class A beneficiaries are exempt from the inheritance tax. They includes
the deceased person’s spouse, domestic partner, or civil union partner
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