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Question

Does Minnesota have a separate estate tax from the federal government?

Answer

Yes. Minnesota imposes its own estate tax with a $3 million exemption, independent of the federal estate tax system. As of 2026, the federal exclusion is $15 million per person under the OBBBA, meaning many estates that owe no federal estate tax may still have a Minnesota estate tax liability.

Related FAQs

Does Minnesota have a gift tax?

What changed with Minnesota’s dynasty trust law in 2025?

What are Minnesota’s estate tax rates?
Estate Planning Tax Planning Asset Protection Trusts Impact of New Laws Tax Tips & Tricks OBBBA Generational Wealth Inherited Wealth FAQs
Last Updated June 17, 2026
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