[fred cook]

I'm not a CPA, but we went thru this with my wife's parents and my dad a few years ago. If I remember correctly, for a relatively small amount of money like $200k I don't think you will have to pay any inheritance taxes. You probably should verify this with a local CPA or money manager. While it is always tough to lose a parent, give it some time and mostly what you will remember will be the good times!