not taking part or giving assistance in a dispute or war between others: a neutral nation during World War II. 2. not aligned with or supporting any side or position in a controversy: The arbitrator was absolutely neutral. 3. of or belonging to a neutral state or party: neutral territory.
Inheritance Tax rates. The rate of Inheritance Tax is 40% on anything above the threshold. The rate may be reduced to 36% if 10% or more of the estate is left to charity.
Federal Taxes. The federal government does not charge an inheritance tax, but does maintain an estate tax. As of 2012, only those estate assets in excess of $5,120,000 are subject to the federal estate tax, which has a maximum rate of 40 percent.In 2013, this minimum estate tax threshold increased to $5,250,000.f you received property from someone who died after July 1, 1998, you do not owe any inheritance tax to the state of Kansas.