Question

A federal tax levied on the right of a deceased person to transmit his or her property and life insurance at death is called a(n) ____________ tax.

Answer 1

The correct answer is an estate tax. An estate tax is a federal tax levied on the right of a deceased person to transmit his or her property and life insurance at death and before distributing his property to his heirs.

Answer 2

that'd be estate tax