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When anticipating an asset transfer or the creation of an estate, there may be questions regarding the amount a beneficiary may be liable for in inheritance tax. There is no federal tax on inheritance, but it will depend on state inheritance tax laws as only a few states, such as Pennsylvania or New Jersey, have local (state) inheritance tax percentages depending on the class of the heir. These liabilities can be greatly reduced by proper estate planning. Have you ever dealt with the state inheritance laws when making arrangements of an estate? Participate in the discussion and share your ideas and suggestions!