Sep 9, 2024
4:20:38pm
4:20:38pm
Typically not. If it's inherited assets, you get a step-up in tax basis, so you
could liquidate property immediately after inheritance, have no gains on the property, and pay no tax.
If it's really significant, though, it might be worth having a wills and estates attorney be on call to help figure out tax liabilities.
If it's really significant, though, it might be worth having a wills and estates attorney be on call to help figure out tax liabilities.
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