Estate Tax Articles | SimplyTrust

Estate Tax

Learn about estate tax implications for inheritance planning. Discover federal thresholds, exemptions, and strategies to help preserve family wealth.

What is the federal estate tax exemption for 2024?

The federal estate tax exemption for 2024 is $13.61 million per individual, meaning estates valued below this amount are not subject to federal estate tax. Married couples can combine their exemptions for a total of $27.22 million. This exemption amount is scheduled to decrease significantly in 2026 unless Congress acts to extend current levels.

Estate Tax in Wyoming, the Cowboy State

Estate Tax in Wyoming, the Cowboy State

Wyoming has no estate tax, keeping more wealth in families. Learn why and what it means.

SimplyTrust EditorialFebruary 3, 2026

Estate Tax in Wisconsin: A Guide

Estate Tax in Wisconsin: A Guide

Wisconsin has no estate tax, making it tax-friendly for families. Read what it means.

SimplyTrust EditorialFebruary 3, 2026

Estate Tax in West Virginia: What You Need to Know

Estate Tax in West Virginia: What You Need to Know

Read about why West Virginia has no estate or inheritance tax as of 2026.

SimplyTrust EditorialFebruary 3, 2026

Estate Tax in Virginia: Old Dominion Doesn’t Tax Legacies

Estate Tax in Virginia: Old Dominion Doesn’t Tax Legacies

Read about estate tax in Virginia, how the state compares to other states, and what it all means for Virginia families.

SimplyTrust EditorialFebruary 2, 2026

The History of Estate Tax in Utah

The History of Estate Tax in Utah

Read about the history of estate tax in Utah and what no estate tax means for Utah families and their estate planning.

SimplyTrust EditorialFebruary 2, 2026

The History of Estate Tax in Texas: A Timeline of Changes

The History of Estate Tax in Texas: A Timeline of Changes

Texas never had its own estate tax, choosing instead to let federal pickup taxes expire in 2005. Read why the state went this way.

SimplyTrust EditorialJanuary 31, 2026

The History of Estate Tax in Tennessee: From Implementation to Elimination

The History of Estate Tax in Tennessee: From Implementation to Elimination

Tennessee eliminated its estate tax in 2005 following federal changes. Read about the history of estate tax in Tennessee.

SimplyTrust EditorialJanuary 31, 2026

The History of Estate Tax in South Dakota

The History of Estate Tax in South Dakota

South Dakota has never imposed estate or inheritance taxes. Why no estate tax in South Dakota? Here’s a quick primer for you.

SimplyTrust EditorialJanuary 31, 2026

The History of Estate Tax in Oklahoma

The History of Estate Tax in Oklahoma

Learn why there’s no estate tax in Oklahoma and what that means for property owners and residents in the state.

SimplyTrust EditorialJanuary 31, 2026

Ohio Estate Tax History: From Collection to Elimination

Ohio Estate Tax History: From Collection to Elimination

Ohio eliminated its estate tax in 2013, simplifying planning for property owners. Read about the history of estate tax in Ohio.

SimplyTrust EditorialJanuary 30, 2026

Estate Tax in North Dakota: A History

Estate Tax in North Dakota: A History

There’s no estate tax in North Dakota. Read about why that’s the case and what it means for residents and property owners.

SimplyTrust EditorialJanuary 30, 2026

What About Estate Tax in North Carolina?

What About Estate Tax in North Carolina?

Read about the history of estate tax in North Carolina, why the state got rid of the tax and what it means for your family.

SimplyTrust EditorialJanuary 29, 2026

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