Legal Question in Wills and Trusts in Louisiana
if i received an inheritance, from my decease father litigation suit, and tax was taking out from the final amount why is the attorney i hire to handle the estate, want to take out another, 13,000 tax as he claiming,i recieved the 1099 form stating this amount, for tax purpose when i let the attorney know about it wow he wonder why they send me a 1099, i was made representative of estate, he died with no will, i'm the daughter, he died in mississippi and i stay in new orleans
Asked on 2/05/14, 6:01 am
1 Answer from Attorneys
James Maguire
James G. Maguire, Attorney At Law
Some of the money you received may have been taxable, like money from lost income.
What you should do is talk to a tax person, and find out for sure if you will have to pay taxes on part of the award.
Answered on 2/06/14, 6:18 am