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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FAQ: What is included in a decedent’s estate?
Initially, 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.
Read More- Tags: estate tax, probate, estate planning