Legal Question in Wills and Trusts in Tennessee

Inheritance Tax
I will recive approximately $38000 in property and monies from my Step Dad's estate. I live in TN and he lived in SC. What is the amount I have to pay taxes on?

Asked on 1/08/07, 12:54 pm

1 Answer from Attorneys

Marshall Snyder Law Office Of Marshall Snyder

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Re: Inheritance Tax

Inheritance money is tax free as long as the money you refer to has not earned any interest since the time of death.

Answered on 1/17/07, 11:56 pm

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