Is there a limit to the amount of inheritance tax due on an intestate estate?

Yes, there is a limit to the amount of inheritance tax due on an intestate estate in Maryland. In Maryland, the total amount of the inheritance tax due on an intestate estate (the estate of a person who dies without a will) is dependent upon the degree of relationship between the decedent (the person who passed away) and the beneficiary (the person who inherits the estate). For estates of Class A beneficiaries (spouse, child or grandchild of the decedent), the inheritance tax rate is 10 percent of the gross estate, minus any allowable deductions. For estates of Class B beneficiaries (parent, sibling, aunt/uncle, niece/nephew), the inheritance tax rate is 11 percent of the gross estate, minus any allowable deductions. For estates of Class C beneficiaries (all other beneficiaries, such as distant relatives, friends, and charities), the inheritance tax rate is 15 percent of the gross estate, minus any allowable deductions. The maximum inheritance tax for a Class A beneficiary is $20,000, the maximum inheritance tax for a Class B beneficiary is $10,000, and the maximum inheritance tax for a Class C beneficiary is $15,000. Deductions may be allowed, such as funeral/burial expenses, attorney’s fees, and medical bills, which may reduce the taxable estate. Inheritance tax must be paid within nine months of the decedent’s date of death. The executor of the estate is responsible for ensuring that the inheritance tax due is paid on time.

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Is there a limit to the amount of inheritance tax due on an intestate estate?

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