As of 2025, Ohio does not have an estate tax or inheritance tax. Therefore, most beneficiaries inheriting assets held in this state will not pay an estate tax in Dublin, OH probate cases. The federal government, however, does tax estates valued at $13.99 million or more, and some other states collect estate taxes even when the funds are going to a beneficiary in Ohio.
The seasoned attorneys and support staff at DuPont Law Group are here to help you understand these complicated estate issues, including tax implications and the probate process. Contact us today.
About Estate Taxes in Probate Cases
Ohio residents are not expected to pay estate taxes when they inherit money or other assets located in the state unless the estate is valued above a certain threshold. However, other states do collect estate taxes. While the laws change from time to time, Dubliners can expect to pay estate taxes if they receive an inheritance from a relative in:
- Nebraska
- Maryland
- Kentucky
- New Jersey
- Pennsylvania
- Iowa (ending in 2025)
For example, if an individual lived and died in Ohio but owned rental properties in Pennsylvania, their (adult) beneficiaries will pay anywhere from 4.5% to 15% estate tax to PA, depending on their relationship. Note that minors are exempt from this tax in PA, and the amount of tax a beneficiary pays is based on their relationship to the decedent.
Certain inheritance taxes are expected to be paid by the beneficiary, not the estate. During an initial consultation, a Dublin, OH attorney could further explain whether you can expect to pay estate taxes for probate taking place in a different state.
Other Taxable Assets
Certain types of assets and accounts in Dublin, OH may be taxable, though these are not considered estate taxes in probate cases. Rather, they usually involve “pre-tax” earnings or significant earnings in interest.
Income Taxes on IRAs
Inheriting certain assets, such as traditional IRAs, will trigger income tax payments. These retirement accounts are funded with “pre-tax” dollars to save for the future. Both the IRS and the Ohio Department of Taxation will want their share when this asset is distributed.
Taxes on Inherited Savings Bonds
Government savings bonds are a great way to save for the future. However, when a Dublin, OH beneficiary inherits a savings bond during probate, they may be required to pay income tax on the bond’s growth.
Taxes on Interest Paid on Life Insurance Benefits
The death benefit of a life insurance policy is not directly taxable in Ohio. However, if the benefit is to be paid over time and the lump sum is sitting in the bank, collecting interest, or if the beneficiary places a large lump sum in a CD, they should expect to pay taxes on that income later.
Learn More About Estate Tax in Probate Cases by Contacting a Dublin, OH Lawyer
Here at DuPont Law Group, we proudly treat every client with the same care, dignity, and respect. Whether your estate is $100,000 or $100 million, we are here to help. If you are ready to learn more about estate tax in Dublin, OH probate cases, consult with our skilled attorneys. We look forward to earning your business for generations to come.
Greg DuPont, JD, CFP®, is a well-respected estate attorney, financial advisor, public speaker, and published author. He centers his multiple businesses around education, guidance, and relationship-building. This comprehensive combination gives him, and his team, the opportunity to effectively serve both individuals and their families. He is a life-long resident of Central Ohio and spends the majority of his time with his wife, Julia, and daughter, Sophie.
