Matches in DBpedia 2016-04 for { ?s ?p "The estate tax in the United States is a tax on the transfer of the estate of a deceased person. The tax applies to property that is transferred via a will or according to state laws of intestacy. Other transfers that are subject to the tax can include those made through an intestate estate or trust, or the payment of certain life insurance benefits or financial account sums to beneficiaries. The estate tax is one part of the Unified Gift and Estate Tax system in the United States. The other part of the system, the gift tax, applies to transfers of property during a person's life.In addition to the federal estate tax, many states have enacted similar taxes. These taxes may be termed an \"inheritance tax.\" The tax is often the subject of political debate, and opponents of the estate tax call it the \"death tax\".If an asset is left to a spouse or a federally recognized charity, the tax usually does not apply. In addition, up to a certain amount varying year by year can be given by an individual, before and/or upon their death, without incurring federal gift or estate taxes: $5,340,000 for estates of persons dying in 2014, $5,430,000 for estates of persons dying in 2015, and $5,450,000 for estates of persons dying in 2016. Because of these exemptions, only the largest 0.2% of estates in the US will have to pay any estate tax."@en }
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- Estate_tax_in_the_United_States abstract "The estate tax in the United States is a tax on the transfer of the estate of a deceased person. The tax applies to property that is transferred via a will or according to state laws of intestacy. Other transfers that are subject to the tax can include those made through an intestate estate or trust, or the payment of certain life insurance benefits or financial account sums to beneficiaries. The estate tax is one part of the Unified Gift and Estate Tax system in the United States. The other part of the system, the gift tax, applies to transfers of property during a person's life.In addition to the federal estate tax, many states have enacted similar taxes. These taxes may be termed an \"inheritance tax.\" The tax is often the subject of political debate, and opponents of the estate tax call it the \"death tax\".If an asset is left to a spouse or a federally recognized charity, the tax usually does not apply. In addition, up to a certain amount varying year by year can be given by an individual, before and/or upon their death, without incurring federal gift or estate taxes: $5,340,000 for estates of persons dying in 2014, $5,430,000 for estates of persons dying in 2015, and $5,450,000 for estates of persons dying in 2016. Because of these exemptions, only the largest 0.2% of estates in the US will have to pay any estate tax.".