The Vermont Estate Tax: A Small Step in the Right Direction
Perhaps seeking to raise the Vermont estate tax exclusion level to match the federal level was asking too much. In the end, that didn’t happen. However, there was an improvement in the way the Vermont estate tax is calculated going forward, which is something to cheer. And there’s always hope that over time, additional improvements will bring Vermont’s estate tax laws into a higher degree of conformity with the federal laws.
This NEET Notes reviews how the previous Vermont estate tax laws were overly complicated, the recent legislative changes to the Vermont estate tax, and what the future might hold for the Vermont estate tax laws.
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