There is a federal estate tax that can be levied on large asset transfers. The portion of your estate that exceeds the exclusion or credit would potentially be taxable.
Learn more about estate tax in North Dakota in this presentation.
Attorney at German Law | Wealth
Raymond J. German provides a wide range of estate planning services to his clients, with a primary focus on creating peace of mind providing for the security of their loved ones, reducing taxes and avoiding a probate, all with a well-crafted estate plan. Mr. German defines the mission statement for German Law as “Helping one family at a time pass on values, beliefs and finances, that can be shared for generations to come.”
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