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State Bar of Wisconsin Form 8 CONDOMINIUM DEED

State Bar of Wisconsin Form 8 CONDOMINIUM DEED

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today's question how much is the estate tax in Wisconsin well that's a trick question because there is no estate tax in Wisconsin I should clarify and say there is no separate state estate tax in Wisconsin there's about 17 or 18 states that do impose a state estate tax with Minnesota being one of them but good news if you live in Wisconsin there's no separate state estate tax instead we simply have the federal estate tax in 2017 that's currently at five point four nine million dollars per person meaning the federal estate tax will not kick in unless you have more than five point four nine million dollars at taxable estate at your death if you're made you each get five point four nine million dollars also in 2018 that limit is going to increase to five point six million dollars per person that means if you're married you can shield up to eleven point two million dollars each from federal estate tax until it would kick in and again in Wisconsin there's no separate state estate tax so you

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