A tax is levied on the estate of a deceased person in many, but not all, jurisdictions. This tax is sometimes referred to, formally or informally, as death duty.
Read more about this topic: Duty (economics)
Famous quotes containing the words death and/or duty:
“No man is an island entire of itself; every man is a piece of the Continent, a part of the main.... Any man’s death diminishes me because I am involved in Mankind; and therefore never send to know for whom the bell tolls; it tolls for thee.”
—John Donne (c. 1572–1631)
“The whole duty of government is to prevent crime and to preserve contracts.”
—William Lamb Melbourne, 2nd Viscount (1779–1848)