In some situations, establishing a trust as part of an estate plan can help counter state estate tax implications. (fidelity.com)
If you're liquid, the money can be used to pay for funeral costs as well as state estate / inheritance and federal taxes without having to sell jewelry, stocks or properties. (secureseniorlifeinsurance.com)
It is possible that an estate that is too small to generate federal estate taxes may nonetheless trigger state estate or inheritance taxes. (quotacy.com)