Unlike the unified transfer tax, the typical state inheritance tax imposes a tax on the right to receive property at death.

Question

Quizplus · Accepted Answer

This statement is true. A state inheritance tax is typically imposed on the right to receive property at the time of a person's death, rather than on the property itself. This is different from the unified transfer tax, which can include both gift taxes and estate taxes.

Unlike the Unified Transfer Tax, the Typical State Inheritance Tax