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AMERICANS are expected to inherit $764 billion in 2020. / BLOOMBERG NEWS FILE PHOTO/PAUL YEUNG\

Americans to inherit $764B this year, mostly tax-free

NEW YORK – One way the rich get richer is through inheritance, and they’re barely paying taxes on it. Americans are projected to inherit $764...
RHODE ISLAND HAS an effective tax rate of 10.1 percent for estates valued at $10 million after deductions. /COURTESY TAX FOUNDATION

Tax Foundation: R.I. has 7th-highest effective estate tax in nation

WARWICK - Rhode Island has the seventh-highest effective estate tax rate for estates valued at $10 million (after deductions), according to the “State Inheritance...
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