It's complicated if it's income producing. If it is making money after the

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Sep 9, 2024
4:30:18pm

cougarfann888 All-American

It's complicated if it's income producing. If it is making money after the

Person dies while still in the estate but before distribution you need to talk to an accountant

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cougarfann888

Bio page: cougarfann888
Joined: Oct 10, 2010
Last login: Sep 18, 2024
Total posts: 28,930 (92 FO)

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Messages

Author

Time

Is inherited $ taxable? I’ve been getting mixed info. No estate tax in this sit

BamaCoug

Sep 9, 4:17pm

<< Deleted >>

RexIdaCoug

Sep 9, 4:19pm

Typically not. If it's inherited assets, you get a step-up in tax basis, so you

ebv

Sep 9, 4:20pm

It's complicated if it's income producing. If it is making money after the

cougarfann888

Sep 9, 4:30pm

Is it an estate or a trust? Is there a reason why the estate hasn't been closed

BYU-Ite

Sep 9, 4:27pm

Generally only for post-death appreciation, possibly for traditional retiirement

mkg

Sep 9, 4:42pm

When the last parent died you should have gotten an appraisal.

Cobra Venom

Sep 9, 4:49pm

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