If your late loved one was generous with gifts, then unless they kept good records you might have to turn detective when filling in inheritance tax forms. Even when an estate is not large enough to ...
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How to work out and pay inheritance tax: You get just SIX MONTHS to stump up death duties
1. How long do you have to pay inheritance tax You get just six months, kicking off from the last day of the month after a loved one's death, to add up their assets, calculate what is owed and hand ...
An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...
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