FAQ: What kind of taxes may be imposed upon one’s death?
There are different taxes for which an estate may be subject. These include (a) estate taxes; (b) income tax; and (c) inheritance tax.
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There are different taxes for which an estate may be subject. These include (a) estate taxes; (b) income tax; and (c) inheritance tax.
Read MoreInitially, it is important for the Personal Representative or Trustee to gather all information about the decedent’s assets. This information is needed for several reasons, most notably probate and estate tax purposes.
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