Forbes: Will your State Take a Bite out of Your Estate? -- Not if you live in Florida
A recent Forbes Magazine article discusses that even though the Federal Estate Tax exemption is $3,500,000, and is scheduled to disappear next year, there are still 17 states and the District of Columbia that still have either an estate tax or an inheritance tax.
As I've written about before, one of the benefits of living in Florida is that there is no state estate tax. There is also no income tax.
It's not just the weather that brings the retirees down here.
