What is the percentage of inheritance tax?

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bmimmzy Asked July 2015

What is the percentage of inheritance tax?

After selling my parents house and paying off all of the expenses, how much inheritance tax is taken from the balance of the money left over.

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score 0 · Answer 1

What about transferred deed before they pass. Im still not sure what kind of taxes i will pay. Its a source of stress right now. Ugggh. Yes, unfortunately we will need lawyer to figure out all these details. Chaching chaching!

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score 1 · Answer 2

geewiz is correct. If the estate was large enough that there was an inheritance tax, then it should be handled by an attorney. Many of us wish we were so lucky. :)

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score 2 · Answer 3

Per your profile, California has no estate tax or an inheritance tax. The Federal government does not tax estates below $5.4 million. But in case there are extenuating circumstances, you really should consult an attorney.

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score 0 · Answer 4

How much will you NET from the sale and what state do you live I'm?

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What is the percentage of inheritance tax?

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