Estate Taxes Attorney in Indianapolis, Indiana

Will my family owe estate taxes when I die?

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Asking if your family is going to owe
estate taxes when you die is a very
common question. And if the individual
who’s passing away is the resident of
the state of Indiana when they die, then
the answer is no. There’s not going to
be any Indiana inheritance tax. And the
reason for that is because Indiana
repealed its inheritance tax in 2013.
However, the answer to that question
becomes a little more challenging when
we look at federal death tax. Um, and so
in that situation, while the general
answer is that the mass majority of
Americans will not owe a state tax,
there are certain families that may,
especially if they are business owners
or um have real estate holdings because
the values of those um types of holdings
can can increase the value of their
estate. And right now in the United
States, we have what is called um a
federal estate tax exemption. And every
individual um currently in the year
2025 have um a a federal of exemp
exemption of almost $14 million. So with
proper estate planning, there are ways
that we can maximize that during an
individual’s life. And we frequently
work with families who are business
owners, um have inherited assets, um or
have significant real estate holdings,
um to ensure and limit, um the estate
tax that may be owed upon their
passings.

Indianapolis, IN estates & probate attorney DeAnn farthing talks about whether your family will owe estate taxes when you die. She notes that a common question clients have is whether their family will owe estate taxes upon their passing. For residents of Indiana, the answer is no, as the state repealed its inheritance tax in 2013.

However, considerations become more complex when addressing federal estate taxes. While the majority of Americans are not subject to state estate taxes, certain families—particularly those who are business owners or hold substantial real estate—may have estates of sufficient value to be affected. In 2025, the federal estate tax exemption allows nearly $14 million per individual before federal estate taxes apply.

Through careful estate planning, she and her team help families maximize exemptions and minimize potential estate tax liabilities. They frequently work with business owners, individuals with inherited assets, and those with significant real estate holdings to ensure that estate tax obligations are efficiently managed and reduced whenever possible.

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