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Today, Virginia no longer has an estate tax* or inheritance tax.  Prior to July 1, 2007, Virginia had an estate tax that was equal to the federal credit for state death taxes. With the elimination of the federal credit, the Virginia estate tax was effectively repealed.

 

However, certain remainder interests are still subject to the inheritance tax. See the “Virginia Estate and Inheritance Taxes” section of Public Document 15-93 for more information.


See:  https://www.tax.virginia.gov/estate-and-inheritance-taxes

 

Virginia does have a Probate Tax (Code of Virginia Sections 58.1-1711 - 1718)

 

The tax is assessed at the rate of 10 cents per $100 on estates valued at more than $15,000, including the first $15,000 of assets. For example, the tax on an estate valued at $15,500 is $15.50. Localities may also impose a local probate tax equal to 1/3 of the state probate tax.

 

See: 

https://www.tax.virginia.gov/probate-tax#:~:text=The%20probate%20tax%20is%20imposed,of%20a%20power%2....

 

 

 

 

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