Legal Question in Wills and Trusts in California
inheritance taxation
Am I allowed $500,000 non taxable inheritance money?
Asked on 9/16/04, 11:38 am
1 Answer from Attorneys
Ken Koenen
Koenen & Tokunaga, P.C.
Re: inheritance taxation
There is no taxation on one who inherits, only against the estate itself prior to distribution.
Answered on 9/16/04, 12:27 pm