Legal Question in Wills and Trusts in Florida
Taxes Due on Inherited Property
Grandmother died in Md.1 year ago, left property in Fla. to 5 grandchildren. Taxes are due , 1 of the 5 does not want to pay. What are the consequnces of that 1 ?
2 Answers from Attorneys
Re: Taxes Due on Inherited Property
Others should pay and seek reimbursement, otherwise governement will file a lien.
Re: Taxes Due on Inherited Property
If you are talking about real estate property taxes, the downside is that the property could be sold for back taxes if not paid. In most counties that process takes quite awhile and the property taxes have to remain unpaid for several years. I would call the property tax department in the county where the property is located and talk to them directly. If you have not begun probate to change ownership of the property I would do that as soon as possible. Feel free to call me or send me an e-mail if you want more information.
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