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GH85Carrera GH85Carrera is online now
Get off my lawn!
 
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Join Date: Nov 2007
Location: Oklahoma
Posts: 86,192
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Obviously she needs to retain a good CPA and estate planner. She will have to pay some taxes, but boo hoo, she just inherited a hunk of cash. Yea, the deceased paid taxes on the income before investing it, and now she has to pay more taxes on top of the other taxes. Uncle always wants to be part of any money moved around.

Give me all the money you want, I will pay the taxes on it with a smile. It sucks to have to give the money to the government to waste on some pointless boondoggle, but it is the law. Hire a good CPA, and the taxes can be avoided, but not evasion!.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
Old 05-05-2022, 08:27 AM
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