Legal Question in Wills and Trusts in Texas
Land inherited through a will.
If there is debt, in particular IRS and credit, on an inherited estate, does it not have to come from the entire estate before distribution is made?
Asked on 7/08/08, 7:16 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: Land inherited through a will.
Typically, yes. However, IRS will make the final decision if liability is shared with others.
Answered on 7/08/08, 7:23 pm