Archive for July, 2007

estate tax
Jon H asked:


I am to be named sole beneficiary to a small, approximately 200,000 dollar estate, mainly a condominium, in the state of Florida. As sole beneficiary, what can I expect approximately in estate taxes both for the State of Florida and for the Federal Government? Please do not respond by saying “check with a lawyer,accountant,estate planner” or any other answer like that. Just looking for an EDUCATED answer based on current tax laws. Thanks in advance for your help.

Margaret
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July 2007
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