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  1. #1
    Moderator fred's Avatar
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    In regards,Estate taxes..When the owner dies the estate taxes (up to 20% of total value) will have to be paid within 6 months before penalties begin to accrue.


  2. #2
    Trusted Member stevewool's Avatar
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    Quote Originally Posted by fred View Post
    In regards,Estate taxes..When the owner dies the estate taxes (up to 20% of total value) will have to be paid within 6 months before penalties begin to accrue.
    I am sure that the family knows all this as it is all new to me , i shall stay in the back ground amassing more information for when it is needed.


  3. #3
    Moderator fred's Avatar
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    Quote Originally Posted by stevewool View Post
    I am sure that the family knows all this as it is all new to me , i shall stay in the back ground amassing more information for when it is needed.

    Some of them have a rough idea about it Steve but most dont pay it as it`s often a large amount..So as the years go on,the debt amounts..
    Then someone from abroad come`s to the rescue., Usually.
    The Mrs and I took out a death insurance policy as we don`t want to leave the kids with a large debt..
    Another 10 k a month bite`s the dust!


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