Legal Question in Wills and Trusts in Colorado
As sole beneficiary on a will, may I assign the small inheritance to another family member without penalty to my taxes?
Asked on 6/14/10, 4:14 pm
1 Answer from Attorneys
Bernard Greenberg
KOKISH & GOLDMANIS, P.C.
It depends on whether you disclaim your inheritance, or make a gift. The tax results are different and you should have expert advice before proceeding.
Answered on 6/15/10, 12:29 pm
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