Do I Need to be Concerned about Estate Taxes?

Jun 14, 2018

Do I need to be concerned about estate taxes when I die? That depends upon the value of the assets you own when you die. There is no Ohio estate tax, and the federal estate tax does not enter the picture unless your assets are valued at more than $11 million ($22 mil for a married couple). In calculating the value of your assets, don’t forget to include life insurance death benefits, retirement plans and collections of things such as antiques. After you determine the total value, you should discuss this issue with your estate planning attorney.

-Attorney Jack N. Alpern

Page Tools

  • Share this page SHARE
  • Print Friendly and PDF

Other Articles You May Find Useful

Is it important to select someone to be in charge of my funeral and burial?
Is it important to select someone to be in charge of my funeral and burial?
How important is it to have a Living Will?
Do I need to make provisions in my estate plan for my pet(s)?
Where is the best place to keep…..
Does a Revocable Living Trust protect my assets?

Leave a Reply

  • (will not be published)

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>