A Guide to Estate TaxesMass.gov 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling out the Decedent and Personal Representative Information. Enter the decedent's first name, middle initial, last name, social security number, and date of death. Provide the domicile address and personal representative's details including their contact information.
  3. Proceed to the Authorized Representative Information section if applicable. Fill in the firm name and estate representative's details as needed.
  4. In Step 3, indicate the decedent’s residency status by checking either 'Resident' or 'Nonresident'.
  5. Complete Step 4 for Tax Computation by entering values from federal Form 706 as instructed. Ensure all calculations are accurate for lines related to Maine taxable estate.
  6. Follow through with Steps 5 and 6 for filing order and additional documentation requirements before submitting your completed form.

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2024, c. 206. First, on October 4, 2023, a new law amended the estate tax by providing a credit of up to $99,600, thereby eliminating the tax for estates valued at $2 million or less and reducing the tax for estates valued at more than $2 million.
3 Ways to Avoid Estate Taxes in Massachusetts Gifts Made Annually. If you would like to reduce your assets gradually over time, you can gift them to family members. Charitable Donations. Charitable donations have no annual limit. Trusts. The best way to protect your assets is to create trusts.
Still, any estate in Massachusetts worth less than $2 million (death after January 1st, 2023) will not be subject to an estate tax.
Trusts. The best way to protect your assets is to create trusts. Depending on the total value of your estate and whether you are married, you and your spouse can create one or multiple types of trusts. Each may individually fall below the million dollar threshold, allowing you to avoid estate taxes in Massachusetts.
The estate tax exemption is $13.99 million for 2025. Unlike the Massachusetts estate tax exemption, the federal exemption is portable between spouses. This means that with the right legal steps, a married couple can protect up to $27.98 million upon the death of both spouses in 2025.

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The federal estate and gift tax exemption is $13.99 million per individual in 2025, and will increase to $15 million in 2026 under the One Big Beautiful Bill Act. This new exemption level is permanent and will be adjusted annually for inflation starting in 2027.
Most relatively simple estates (cash, publicly traded securities, small amounts of other easily valued assets, and no special deductions or elections, or jointly held property) do not require the filing of an estate tax return.

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