Legal Question in Wills and Trusts in Florida
Is there an Inheritance tax in Florida
Asked on 12/22/15, 12:42 pm
2 Answers from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
No Florida accepts the credit amount from the federal estate and gift tax.
Answered on 12/22/15, 12:53 pm
I agree with Mr. Stein. Florida does not have a separate state inheritance tax; however, federal estate and gift tax laws apply.
Answered on 12/22/15, 7:00 pm