Estate planning basics in Wyoming

State rules are general information kept current by Legacy Guard, last reviewed October 21, 2026. Your attorney's advice comes first. Figures that are adjusted each year are given for the year stated.

What this means for your plan

• Wyoming has no state estate tax, so only the federal exemption of $15 million per person (2026) applies. Most families will not owe federal estate tax, but a plan still decides who gets what and how smoothly.
• A transfer on death deed can pass your home to a named person without probate. It does not replace a trust, and it needs to be coordinated with one, but it is a simple tool worth asking about.
• Small estate rules only matter if little or nothing goes through probate. A funded trust and up to date beneficiary designations are what keep an estate small in the first place, and that is exactly what the Legacy Guard annual review checks each year.

Questions about Wyoming

Does Wyoming have an estate tax?

No. Wyoming has no state estate tax. The federal estate tax exemption is $15 million per person for 2026.

Does Wyoming have an inheritance tax?

No. Wyoming does not tax what an heir receives.

Is Wyoming a community property state?

No. Wyoming is a common law property state. Wyoming probate is a district court process that stays open at least three months for creditor claims and is public. The high small estate limit lets many families avoid it, and living trusts and transfer on death deeds are common for larger estates.

Does Wyoming allow a transfer on death deed for real estate?

Yes. Wyoming allows a transfer on death deed for real estate.

What is the small estate limit in Wyoming?

Affidavit for estates up to $400,000 (raised from $200,000 on July 1, 2025), 30 days after death. Real estate can pass by the affidavit when it is recorded.