08-14-2006, 02:05 AM
[quote loveshine]>I am not paying the taxes owed on my mother's Trust to the Federal Government either....and it is all quite legal
Can you explain this a little better? We are in a situtation where the inheritance tax on my mother's home is so high that we have to sell the house to pay the taxes. It's ironic that the values of homes in California have gone up so much that we can't afford to keep it.
I am curious too. If there are inheritance taxes owed how are you able to legally not pay them.
Also I really don't understand this sentence either.
taxes are being paid on a Trust but there are special circumstances where taxes are not doubled up
Could you clarify this a little bit.
Can you explain this a little better? We are in a situtation where the inheritance tax on my mother's home is so high that we have to sell the house to pay the taxes. It's ironic that the values of homes in California have gone up so much that we can't afford to keep it.
I am curious too. If there are inheritance taxes owed how are you able to legally not pay them.
Also I really don't understand this sentence either.
taxes are being paid on a Trust but there are special circumstances where taxes are not doubled up
Could you clarify this a little bit.