Get Answers About Death Taxes

Can an original Will superced an revised one by a lawyer thru probate court order?

Our father died. He had done a Will years prior to. The original Will was lost. An attorney was sought because the pieces of properties had to be settled to pay the state. It was taken care of with the lawyer...

Answered 9/7/2010 | Answer This | 1 Answer | See Question

How long can a will executor take to distribute funds?

I want to know how long an executor can take to distribute an inheritance. I want my cousin to go ahead and distribute our aunt's extate before the death taxes go back into effect in 2011 but she is taking...

Answered 8/8/2010 | Answer This | 1 Answer | See Question

LLC Estate Taxes

If I own a LLC which sole purpose is trading Futures, upon my death, does the LLC owe Estate (death taxes) taxes?

Answered 7/24/2010 | Answer This | 2 Answers | See Question

Death taxes

What is a death tax ?

Answered 2/21/2010 | Answer This | 1 Answer | See Question

Estate or death taxes

My mother in law recently died leaving her daughters (2) her estate, it consisted of approx. $200,000 in cash, it is in a bank account held jointly with one daughter. The majority of the cash came from the sale...

Asked 1/22/2010 | Answer This | 0 Answers | See Question

What are death taxes?

What are death taxes?

Answered 12/20/2009 | Answer This | 2 Answers | See Question

Can a father sell his home to a family member before he dies to avoid death tax on the home?

A father is worried about the death tax taking 55% of the value of his home when he dies. He is cared for by his daughter who lives with him. Can he sell the home to his daughter or make her a joint owner in the...

Answered 5/22/2008 | Answer This | 2 Answers | See Question

Death tax,how much do you need to inheritance to have to pay taxes ?

The inheritance is $700000.00 Would you need to set aside part of it to pay taxes?

Answered 5/1/2010 | View Answer | See Question

Is 2010 an exclusively good year to avoid death taxes with the estate tax gone?

Answered 1/5/2010 | View Answer | See Question

Death taxes?

German national gets inheritance upon mothers death. German national lives/works in US and mother passed away in Germany where she lived her entire life. What are the tax implications upon bringing that money back?

Answered 12/11/2006 | View Answer | See Question

What is the point of having a death tax?

I just recently learned that your family gets charged a tax on your estate when you die... they collect taxes on this state your whole life (property taxes, income taxes, federal taxes, state staxes), why do you...

Answered 5/16/2006 | View Answer | See Question

What are the specifications of the death (estate) tax?

My father died recently and I need to know if I will have to pay a death tax this coming tax season. Is this tax dependent on the value of the estate or any other factors? We are going to sell his house, but he...

Answered 10/14/2006 | View Answer | See Question

All benefits from the eliminating death tax/estate tax will go to the top 2%. so why support it?

All benefits from the eliminating Death tax/Estate Tax will go to the top 2%. So, why do so many Americans support the elimination of this tax, when they will never see the benefit?

Answered 3/28/2006 | View Answer | See Question

Is the true death tax tax the current healthcare system for the uninsured?

I have a cousin whose husband in his mid 50's had congestive heart failure and was a prospering farmer. He had a $1 million policy which was exceeded and died while waitng for a transplant. Now my cousin may...

Answered 1/2/2008 | View Answer | See Question

Inheritance tax, death tax, estate tax?

I'm about to received some inheritance from my father, maybe around USD300k, here's the questions: 1) Is death tax same as estate tax? 2) Does my father has to pay any death or estate tax when he die,...

Answered 11/1/2006 | View Answer | See Question

Why dont the republicans or the democrats have the right to impose death taxes?

I am sure the republicans in 2001 were not the first american government to impose a death tax

Answered 4/2/2009 | View Answer | See Question

How do the death tax and health care reform in this country relate to one another?

In other words, I am in support of nationalized health care and also for the abolition of the death tax. Any ideas on what we could do? Actually it is dubbed the death tax - look it up Also, you're off on...

Answered 4/20/2009 | View Answer | See Question

Is it right that obama and hillary want a death tax?

Obama and Hillary Voted NO on permanently repealing the `death tax' McCain is against the death tax what do you think?

Answered 4/3/2008 | View Answer | See Question

Poll/survey: is nothing as sure as death and taxes, and taxes when you die?

yes or no I'm not for death tax

Answered 1/16/2009 | View Answer | See Question

Is bringing back the death tax the next phase of 0bama's plan?

Phase 1: Create the death panels that will kill the American people. (In progress) Phase 2: Bring back the death tax (It'll be back in 2011) Everyone will die under the socialized health care system, but...

Answered 9/1/2009 | View Answer | See Question

Will the death tax rise from the dead in 2011?

Currently, the Death Tax is set to expire next year. However, it is expected to only be dead for 1 year before it rises from the dead and returns to its 2002 levels. Is there any chance that the current Congress...

Answered 5/30/2009 | View Answer | See Question

What in the world was snipes thinking? can you really cheat death & taxes?

http://money.cnn.com/2008/01/17/smbusiness/snipes_ tax_trial.fsb/ Snipes is the latest protestor to claim a genuine belief he didn't owe taxes, but tax experts say the argument is baseless.

Answered 1/18/2008 | View Answer | See Question

If you have no cash and die, does the state take the death tax from the estate value? washington state?

Our state is raising death tax to 38% , and need info on what to do if one of us dies and if they can tax our home, or make you pay death tax from the value of what the persons worth was when he/she died?

Answered 2/13/2010 | View Answer | See Question

Why does it take the irs so long to process a death tax return?

I've lost both of my parents now,.. it was tough having to bury them and almost immediately start to gather information so that 9 months down the road I could turn in their death tax return...Mom's was...

Answered 10/4/2007 | View Answer | See Question

Why did bush only repeal the death tax for one year?

Isn't that absolutely ignorant? The Death Tax is highly immoral and should be killed immediately and permanently. Why did anybody ever think this atrocious thing is a good idea?

Answered 10/30/2007 | View Answer | See Question

Question about an issue (loophole?) with estate taxes/death taxes?

If a person goes missing for a long enough period of time that they are declared dead (Hypothetically, let's say they go boating one day and never come back), and after declaration of death their estate is...

Answered 8/5/2006 | View Answer | See Question

Regarding the death tax.do liberals understand the difference between income and wealth?

The death tax is not based on income, it is based on total wealth. Combine the value of any business (building, equipment, etc) with the value of a home and personal possessions and investments, and many small...

Answered 1/13/2010 | View Answer | See Question

Why do liberals complain about the media consolidation that their beloved death tax creates?

http://online.wsj.com/article/SB121617415128956849 .html?mod=djemEditorialPage "Of course, the estate tax is also what has forced the sale of so many family-owned local newspapers to the "media giants"...

Answered 7/16/2008 | View Answer | See Question

Is it an estate tax, a death tax, a family farm tax, or a white tax?

People refer to it differently, which do you think it is, an Estate Tax, a Death Tax, a Family Farm Tax, or a White Tax?

Answered 6/10/2008 | View Answer | See Question

Is there any u.s. tax more dumb or evasive than the death tax?

I am sure that anyone who inherits money would not want to pay taxes on it. but is there any tax that is more outlandish than that?

Answered 6/30/2008 | View Answer | See Question

Please help, obama wants to raise the death tax and we'll lose our business when dad dies?

We'll have to sell the business to pay off the government on top of all of the taxes that we already pay. Can you please vote for McCain so we don't lose our family business? McCain is NOT going to raise...

Answered 10/3/2008 | View Answer | See Question

What will happen if i don't pay the death tax?

I won't pay this I'll go to jail for life rather then pay anymore taxes at all to theese fleas

Answered 10/26/2007 | View Answer | See Question

Has anyone on this forum dealt with inheritances and the laws regarding it? ever dealt with "death taxes"?

Do you know what the "death tax" is, what income bracket it usually effects? If you've dealt with an inheritance and the so called "death tax", please tell me about it, and how much the...

Answered 9/16/2008 | View Answer | See Question

50% of my income is seized as taxes. when i die, the death tax takes half of the rest. is 75% taxes too much?

Answered 6/4/2007 | View Answer | See Question