| State gift tax is imposed only in Delaware, Louisiana, New York, North Carolina, South Carolina, Tennessee and Wisconsin. State inheritance tax or estate taxes are imposed in every state. State inheritance tax is imposed on the right to receive property, so the incidence of the state inheritance tax falls upon the decedent's heirs. Estate taxes are imposed on the right to transfer property at death, so they are imposed on the decedent's estate. State inheritance tax exemptions vary and typically are larger for closer relatives. |
