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<p>[QUOTE=&quot;johndo, post: 163064, member: 4534&quot;]My Grandmother died 2 yrs. ago and left a substantial sum of money to my mother and Aunt, it&#039;s my understanding that the first 1.6 million is not taxed, she also had had lots of old coins, proof sets dating back several yrs.and lots of others, anyhow the coin collection was pulled out of the safe as well as other stuff from the house before the people came in and appraised everything, also the estate attorney said value everything in the house at $5000.00 which he said that is the norm. (basically what he said was to take out whatever they wanted, leave some good stuff, most of the things that were in the house were not listed anywhere prior to her death)</p><p><br /></p><p>Cloudsweeper is correct, the estate pays all the taxes, now all of this is in Washington st. and I&#039;m not sure if it&#039;s governed by the feds or by each state[/QUOTE]</p><p><br /></p>

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