FL risk area

Tax exposure in Florida

State estate or inheritance tax rules and how they interact with federal thresholds.

Florida's estate tax is no longer due for deaths on or after January 1, 2005, though lien-release forms may still apply in older proceedings.

Does the state impose an estate or inheritance tax?Who is exempt or receives preferential treatment?How does federal tax interact with state rules?

At a glance

Key takeaways

  • Florida's estate tax was eliminated after December 31, 2004.
  • No Florida estate tax is due for decedents dying on or after January 1, 2005.
  • With no state death tax, tax exposure is primarily federal when the estate exceeds the federal exemption.

Questions to consider

Questions this risk area helps you evaluate in Florida

  • Does the state impose an estate or inheritance tax?
  • Who is exempt or receives preferential treatment?
  • How does federal tax interact with state rules?

State overview

Florida's estate tax is no longer due for deaths on or after January 1, 2005, though lien-release forms may still apply in older proceedings.

  • Florida's estate tax was eliminated after December 31, 2004.
  • No Florida estate tax is due for decedents dying on or after January 1, 2005.
  • With no state death tax, tax exposure is primarily federal when the estate exceeds the federal exemption.

Sources

Risk sources

National sources provide baseline context; state statutes and court rules control in Florida.