Estate and Gift Tax

Authors

JC Hobbs, Oklahoma State University

Files

Description

Individuals may be subject to federal estate and gift taxes when large transfers of property, money, or other assets occur. Estate taxes apply to the transfer of assets (money and/or property) to one or more individuals when the owner dies. Gift taxes are imposed on the transfer of assets to another individual during the owner’s lifetime. In addition, many states also have estate and/or gift taxes.

Publisher

Rural Tax Education

Publication Date

9-2016

Keywords

estate, gift, tax

Disciplines

Education | Higher Education | University Extension

Recommended Citation

Hobbs, JC, "Estate and Gift Tax" (2016). Rural Tax Education. 25.
https://digitalcommons.usu.edu/rural_tax/25