08.14.19

Estate Planning FAQ’s: Is a beneficiaries’ inheritance taxable?


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The answer to this question depends on a variety of factors such as federal or state tax law, the state of the decedent’s death, the type of tax involved (estate or inheritance), and the size of the estate. 

For an excellent discussion describing all of the factors involved, please see the following article:   http://ow.ly/cU0n50vxBZW

As always, it is recommended that you consult with an estate planning attorney or a tax professional.