Does Tennessee still have an inheritance tax? The inheritance tax is repealed for dates of death in 2016 and after. September 02, 2015 16:40 Related articles What is the inheritance tax? What must be included on the inheritance tax return? What legislation was passed in 2015 that affects Hall Income Tax? If all of my property is in a revocable living trust and not subject to probate, is it exempt from inheritance tax? Are gifts made before the decendent’s death subject to the inheritance tax?