I. Transfer Of Assets: A. Probate B. Non-Probate: Payable on Death (POD)Designations
Transfer on Death (TOD) Designations
Joint and Survivorship Ownership
II. Estate Taxation: A. Ohio: Deaths in 2012: Exemption was $338,333.
Deaths in 2013 and thereafter: Estate tax is repealed.
Return is due 9 months from date of death. B. Florida: No Estate Tax
C. Federal: Deaths in 2021: Exemption is $11,700,000.
Deaths in 2020: Exemption is $11,580,000.
Exemption is indexed for inflation going forward.