top of page

Do You Have To Pay Inheritance Tax In Newport Beach?

Updated: Dec 21, 2022

A Quick Guide To Estate And Inheritance Taxes In California

There is no inheritance tax in California. Since California was one of the states that saw their inheritance taxes phased down, the federal government passed the Economic Growth and Tax Relief Reconciliation Act.

That said, although you don't have to pay for inheritance tax, there might be taxation on other estate properties you or your family own.

newport beach estate planning attorney

Even though, as previously stated, California did not have a state income tax in 2019, federal income tax legislation continues to apply. Also, the California legislature recently attempted to enact legislation that would have reintroduced the state's estate tax.

Instead, starting January 1, 2021, it imposed a new gift and generation-skipping tax on California residents.

To know more about property and asset taxation in California, consult with one of our prescreened Newport Beach Estate Administration Attorneys.

What Is The Difference Between California Estate Taxes And Inheritance Taxes?

Many individuals mix up an estate tax with an inheritance tax since they appear to be the same thing. However, the most important distinction between the two taxes is who pays them.

When an estate tax is imposed, the tax is paid by the person who owns the estate. The person who inherits the property is liable for paying the inheritance tax.

california estate administration attorney

This means that the estate owner is responsible for paying the estate tax, whereas the heir is responsible for paying the inheritance tax.

Between inheritance taxes and estate taxes, there is another distinction to be made. Both determine the fair market value of a decedent's property on the date of death, which is usually the day of death. Here's how they differ, though:

  • Before the estate's assets are distributed, an estate tax is imposed.

  • Beneficiaries are subject to an inheritance tax when they receive assets.

Contact a Newport Beach Estate Attorney for assistance if you have questions about your estate or inheritance. A lawyer can answer all of your essential questions, assist you in completing the necessary paperwork, and safeguard your rights.

Is It Necessary To Pay When Claiming An Inheritance?

The total value of a decedent's money and property is used to calculate the estate tax. Before any assets are transferred to beneficiaries, it is subtracted from the decedent's assets.

The estate tax, as previously noted, is a federal tax imposed on the transfer of an estate's assets prior to distribution. The federal estate tax applies only when estates are worth more than $11.58 million.

An inheritance tax is a tax imposed on an asset that is given to you as a gift. Before any inherited assets are distributed, any debts owed by the estate will be paid.

newport beach estate administration attorney

On the other hand, the portion of an estate worth more than $11.4 million is liable to a 40% federal estate tax. One of the benefits of an estate tax is that it is collected before the distribution of the inheritance, so you won't have to worry about it.

The value of the assets you inherit from someone's estate is used to compute inheritance tax, so if it applies, you, the inheritor, would be responsible for paying it. To ensure you know which taxes you need to fulfill, consider speaking to one of our prescreened Newport Beach Estate Planning Attorneys in California.


While inheritance is not taxed in California, federal law still imposes estate taxes. On the other hand, estate taxes must be paid before the estate can be dispersed as an inheritance.

You don't have to worry about taxes if you're a beneficiary. If you are the sole owner of the estate, however, you must still pay taxes before transferring assets.

If you need more help managing taxes, consult a Newport Beach Estate Planning Lawyer.

Find A California Estate Planning Lawyer In Newport Beach is a Free Lawyer Referral Service that helps connect you with a California Estate Lawyer best fit to handle your legal concerns.

Contact us through our submission form or 24/7 live chat for a free case review.


Best Lawyers Near Los Angeles

California State Bar Certified Lawyer Referral And Information Service

Welcome to, a Lawyer Referral and Information Service certified and approved by the California State Bar.

"Our commitment is to provide you with unbiased and impartial lawyer referrals."


Unlike other services, we maintain complete independence from the lawyers receiving these referrals, ensuring transparency and fairness.

While we specialize in California employment law and personal injury claims, we offer our referral services for various other legal areas.


At, we aim to ensure you are connected with best California attorney near you who can provide comprehensive and exceptional representation for your specific legal needs.


We understand that every legal situation is unique and are dedicated to finding the best match for you.


With our extensive network of attorneys, we strive to deliver outstanding legal support and guidance tailored to your individual requirements.

At, we hold California attorneys to the highest standards of professional conduct.


Your satisfaction and confidence in the legal representation you receive are paramount to us.


Rest assured that when you engage in our services, you can expect nothing less than exceptional legal support and guidance.

Why Lawyer Referrals Matter


The California State Bar investigates on average 16,000 complaints of professional misconduct by attorneys annually.

We conduct due diligence by researching and recommending the best local attorney for your case. 


Our team of experts verifies that attorneys are in good standing and have the required experience in the type of law related to your legal issue. 

Learn more about attorney discipline here.


Our History 


Since 2005, we have been dedicated to helping individuals find reliable legal representation in California.


We understand the challenges people face when trying to locate reputable lawyers, especially when inundated with self-promoting advertisements and biased marketing from law firms.


At our service, we strive to cut through the noise and provide a trustworthy and unbiased platform for connecting individuals with reputable California lawyers.


Our clients receive quality legal representation without the frustration and uncertainty often associated with legal advertising.

How the LRS Works 

Anyone seeking competent and honest legal representation in California, can request a FREE lawyer referral. 

Once you submit your case details online, our legal 24-hour legal department will review your claim and reply via email. Most cases are reviewed and answered within 15 minutes. 


A free 30 minute consultation with the attorney will be offered to each referred client. 

A representative will follow up a few days later via email with the client after receiving a referral for quality management purposes, or to obtain the status of the case. 

About lawyers from our network

California lawyers in our network are insured, in good standing with the California State Bar, and have substantial experience in their practice area.


Attorneys are available in most areas of law throughout Southern California. Every lawyer in or network has been vetted for:

  • Credentials

  • Education

  • Communication skills

  • Performance

  • Client reviews

  • Fair legal fees

  • Continuing education

  • Professional affiliations

Additionally, we conduct criminal  background checks and attorneys are always monitored by our service.  

How to find the best lawyer for your legal case: 

1. The fastest way to have your legal issue reviewed by one of our attorneys is to send your details online.


Your information will go directly to our 24 hour legal department bypassing our call center. You will get a reply via email within 15 minutes. 

2. You may also inquire about your legal issue via email. We respond to email inquiries within 24 hours M-F. 

3. By calling our lawyer referral hotline 661-310-7999. However, our agents are not attorneys and cannot provide legal advice. Due to high call volumes, it's highly recommended that you use option # 1 above. 


Simple Retro Handyman Service Badge Logo-2.png
bottom of page