Legal Question in Wills and Trusts in Texas
Inheritance tax
When my mother dies Iwill receive her home, will Ihave to pay inheritance tax?
Asked on 11/12/06, 4:30 am
2 Answers from Attorneys
James Grissom
Law Office of James P. Grissom
Re: Inheritance tax
not unless it's worth more than $750K.
Answered on 11/12/06, 9:15 am
Peter Bradie
Bradie, Bradie & Bradie
Re: Inheritance tax
Depends upon when she dies, and what Congress has done with the Death Tax. If there's any inheritance taxes, your mother's estate will be responsible for them.
Answered on 11/13/06, 2:14 pm