Inheritance Taxes of All the States

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Inheritance Taxes of All the States
Lee, Higginson & Co
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Parents, husband, wife, lineal descendants, legally adopted child .... ... ... 1% Class B. All others S% EXEMPTIONS: (t) Class A. Such proportion of $10,000 as value of property passing to all persons in Class A bears to value of whole estate.
Estate of non-resident is exempt for such propor- tion of whole exempted amount provided for estates of residents as estate in Connecticut bears to total value of whole estate wherever situated.
IDAHO : Identical with California.
Rate ILLINOIS : (C) (L, b
...ut only for five years as against of Tax.
purchasers of realty.) Class A. Father, mother, husband, wife, chUd, brother, sis- ter, wife or widow of son, husband of daughter, any child adopted in conformity with the laws of Illinois, (under cer- tain restrictions) any person to whom the deceased for not less than lo years prior to death stood in the acknowledged relation of a parent, lineal descendant bom in lawful wedlock: Not exceeding Sioo,ooo i% Exceeding $100,000 2% Class B. Uncle, aimt, nephew, niece, lineal descendant of same: Kot exceeding $20,000 .2% Exceeding $20,000 ...


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