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While you’re correct that you will need to file an inheritance tax return due to the existence of non-”Class A” beneficiaries, it’s incorrect to say you can’t sell your uncle’s home.
David Gorton, CPA, has 5+ years of professional experience in accounting. He teaches accounting, helping promote financial education and awareness. Lea Uradu, J.D., is a Maryland state registered ...
Q. My mother-in-law passed away last December and left a small estate for the family to share. After reading the tax forms, I’m not sure if the estate requires a filing. All of the beneficiaries ...
Inheritance laws are statutes and regulations that determine how individuals receive assets from the estate of a deceased family member. These laws ensure that beneficiaries can acquire some form ...