Louis Harrison News Post

An Examination Of The Fully Phased-In Massachusetts Estate Tax: Drafting And Payment Techniques

Massachusetts Law Review

The phase in of the Massachusetts estate tax to a “pickup” tax system was completed in 1997. Under this system, each estate pays a state death tax in an amount equal to the maximum state death tax credit allowable for federal estate tax purposes. This so-called pickup tax reduces the federal estate tax by an equivalent amount; thus, there is no increase in the overall death taxes paid by the estate.

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