QUESTION
if we gift our home and 21 acre to our niece what estate taxes will she incur , if any joanie davidson nc
Asked on Aug 14th, 2021 on Wills and Probate - North Carolina
More details to this question:
if we gift our 21 acres to our neice before we die whaT type of taxes will she incur joan hollar
1 ANSWER
1 Award
Federal Estate Tax is based on the total value of your Estate when you die. If the value is less than 11,500,000.00
eleven million five hundred thousand, jou will have no Estate tax. There may be other reasons to gift or to leave thru a will.
Answered on Aug 19th, 2021 at 1:03 PM