With an exemption amount of $15 million per individual (generally $30 million for married couples), the federal estate tax doesn’t apply to many people in 2026. However, some states impose an estate tax on much smaller estates, and some have an inheritance tax in lieu of — or in addition to — an estate tax. So if you’re planning to relocate (for example, to lower your retirement living expenses), make sure you understand the complete tax picture by identifying all state and local obligations. We can help you assess the potential income, property, sales and estate tax implications of moving.
Federal Estate Tax Impacts Fewer Taxpayers in 2026
With an exemption amount of $15 million per individual (generally $30 million for married couples), the federal estate tax doesn’t apply to many people in 2026. However, some states impose an estate tax on much smaller estates, and some have an inheritance tax in lieu of — or in addition to — an estate tax. So if you’re planning to relocate (for example, to lower your retirement living expenses), make sure you understand the complete tax picture by identifying all state and local obligations. We can help you assess the potential income, property, sales and estate tax implications of moving.
