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<p>[QUOTE="andy21us, post: 603930, member: 2452"]This is the best advice.</p><p><br /></p><p>Inheritance Taxes is over seen by the state you live in. In most states there is no inheritance tax unless the amount is a Million dollars or more of the value of the estate.</p><p><br /></p><p>A CPA will not do you any good, you will need to contact an estate planning Attorney and I think he or she will tell you that you will have to file that amount on your taxes as income.[/QUOTE]</p><p><br /></p>
[QUOTE="andy21us, post: 603930, member: 2452"]This is the best advice. Inheritance Taxes is over seen by the state you live in. In most states there is no inheritance tax unless the amount is a Million dollars or more of the value of the estate. A CPA will not do you any good, you will need to contact an estate planning Attorney and I think he or she will tell you that you will have to file that amount on your taxes as income.[/QUOTE]
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