What is another word for legacy tax?
Pronunciation: [lˈɛɡəsi tˈaks] (IPA) 
Legacy tax is a term used to refer to the cost of managing and transferring wealth from one generation to the next, typically in the form of estate taxes. There are various synonyms for this term, including inheritance tax, estate tax, death tax, and succession tax. Inheritance tax is typically used to describe taxes charged on the transfer of wealth from one generation to the next, while estate tax is used to describe taxes on the value of an estate upon the owner's death. Death tax is a term used to describe the same concept, while succession tax is used to describe taxes charged on the transfer of wealth between living persons.
