Legal Question in Wills and Trusts in Indiana

we have to pay a gift tax on property we inherited. Can we get a loan to pay the tax, and use the inherited property as collateral? My husband is unemployed. The property is worth $200,000 and we need $50,000 to pay the taxes.


Asked on 12/27/10, 6:22 pm

1 Answer from Attorneys

You should be able to work this out with a willing lender.

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Answered on 1/02/11, 10:42 am


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