4 ms·
People should pay their probate tax
by diordiderot 3y ago
People should pay their probate tax
- Sleepful 3y agoSounds like something said by a tax collector :)
- solidsnack9000 3y agoSay a couple lives in a house. They have a son, who lives with them. The wife passes away. 1. Should her husband pay tax on her share of the house when it passes to him? Assuming these are not wealthy people, this may force the sale of the house. 2. Should the house go through probate? Should everyone move out while that happens? The old man wants to leave the house to his son. 3. Should the son pay tax on the house when his father passes away? 4. Should he move out while the house goes through probate? It is because of cases like these that we have ways to avoid going through probate.