QUESTION

probate question

Asked on Jun 12th, 2017 on Wills and Probate - New Jersey
More details to this question:
As executor of a will would I be legally responsible to pay inheritance taxes for things my brother inherits if he does not pay?
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1 ANSWER

Elder Law Attorney serving Toms River, NJ
Partner at Diana L. Anderson
2 Awards
It depends on what the Will says.  The WIll directs that either taxes are paid first, of that each beneficiary is responsible fo rhis or her own taxes.  Inheritance tax is based on the relatiosnhip between the decedent and the beneficiary.  If your brother is not a Class A beneficiary - then taxes will be owed.  
Answered on Jun 13th, 2017 at 8:43 AM

Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship

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