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Six things you may not know about state estate taxes

Did you know that depending on where you live, you may be subject to state-level estate or inheritance tax? Seventeen states and the District of Columbia currently impose some type of state-level estate tax or inheritance tax which can affect both residents and nonresidents. Read this article to learn six surprising facts about state estate taxes that could impact your financial future. New York Life Insurance Company, its agents and employees do not provide tax, legal or accounting advice.

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The Nautilus Group® is a service of New York Life Insurance Company. New York Life Insurance Company and its affiliates and agents and employees thereof do not provide tax, legal, or accounting advice. Individuals should consult with their own tax, legal or accounting professionals before implementing any planning strategies. SMRU 5018918 Exp. 04/30/2028

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