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Discharge of an estate tax lien on Maine property. Otherwise, file Form 706ME. *1311000* Estate of: First Name M.I. Last Name Social Security Number (SSN): Residency Status: Resident Date of Death: MM State of Residency (abbreviate) Nonresident If married or widow(er), enter spouse s name: Personal Representative or Person in Possession of Decedent s Property: First Name SSN M.I. DD YYYY Spouse s SSN: Last Name Telephone Number Fax Number Street Address City/Town Sta.

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The following is a general, simplified explanation of how the Maine estate tax works in 2024 (per Form 706ME). The first $6.8 million of a resident decedent's estate is exempt from estate tax. [Note: it may still have to pay income tax, which is a different type of tax calculation.]

Inheritance and Estate Taxes in Maine Heirs won't have to file a state estate tax return if the value of the estate is worth less than $6.8 million, because the 2024 estate tax threshold for Maine is $6.8 million. That means if you die and your total estate is worth less than $6.8 million, Maine won't collect any tax.

Maine Estate Tax Exemption The estate tax threshold for Maine is $6.8 million in 2024. If your estate is worth less than that, Maine won't charge estate tax on it. If it is worth more than that, you'll owe a percentage of the estate to the government based on a series of progressive rates.

How can you avoid these taxes? Giving away some of your assets to potential beneficiaries before death. Each year, you can gift a certain amount to each person tax-free. ... Moving to a state without an inheritance and estate tax. ... Setting up an irrevocable trust.

Inheritance and Estate Taxes in Maine Heirs won't have to file a state estate tax return if the value of the estate is worth less than $6.8 million, because the 2024 estate tax threshold for Maine is $6.8 million. That means if you die and your total estate is worth less than $6.8 million, Maine won't collect any tax.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232