Asked 1/22/2010
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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 of her residence.
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If i own a llc which sole purpose is trading futures, upon my death, does the llc owe estate (death taxes) taxes?
My mother died on july 6, 2008, and after all expenses have been paid, her estate will be worth approximately $60k that will be evenly divided three ways - one portion each to two surviving children and the final portion to approximately 25 non-profit groups. what "death tax" needs to be...
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If i own a llc which sole purpose is trading futures, upon my death, does the llc owe estate... |
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