Legal Question in Wills and Trusts in Florida

I was told by my banker that if I die the money I leave to my daughters won't be taxed (under $250,000). Since I only have $20,000 to give, they won't have to pay an Estate tax. Is this true? This is in the state of Florida.

Thank you for yor help


Asked on 5/13/15, 2:15 pm

2 Answers from Attorneys
Barry Stein De Cardenas, Freixas, Stein & Zachary

Federal Estate Tax rules apply. Discuss it with an attorney and your accountant.

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Answered on 5/13/15, 2:17 pm
David Slater David P. Slater, Esq.

Yes

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Answered on 5/13/15, 2:32 pm


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