estate tax

noun

: a tax in the form of a percentage of the taxable estate that is imposed on a property owner's right to transfer the property to others after his or her death compare inheritance tax sense 1

Examples of estate tax in a Sentence

Recent Examples on the Web
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More specifically, a clear, firm decision on the estate tax exemption amounts before the calendar flips to 2026. Darren T. Case, Forbes.com, 31 Mar. 2025 But the income tax and estate tax have different definitions of grantor trusts. Bob Carlson, Forbes, 13 Mar. 2025 Extending individual and estate tax provisions would reduce revenue by $3.9 trillion over the next decade, according to the Committee for a Responsible Federal Budget. Kate Dore, Cfp®, Ea, CNBC, 12 Mar. 2025 Estate Tax Exemption Shrinks The TCJA doubled the estate tax exemption, which pushed more wealthy families out of the federal estate tax. Andrew Leahey, Forbes, 17 Mar. 2025 See All Example Sentences for estate tax

Word History

First Known Use

1928, in the meaning defined above

Time Traveler
The first known use of estate tax was in 1928

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Cite this Entry

“Estate tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/estate%20tax. Accessed 10 Apr. 2025.

Legal Definition

estate tax

noun
: an excise in the form of a percentage of the taxable estate that is imposed on a property owner's right to transfer the property to others after his or her death

called also succession tax

see also unified transfer tax compare gift tax, inheritance tax

More from Merriam-Webster on estate tax

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