2006-06-28 10:16:51 · 6 answers · asked by Irish Lava 1 in Business & Finance ➔ Investing
Estate taxes are paid by the estate of the person who died, not the recipient. The key is for your parents to plan while they are alive to protect their estate from heavy taxation when they die.
2006-07-05 08:46:06 · answer #1 · answered by Thinker 5 · 1⤊ 0⤋
Ask a CPA, But, you may not have to pay any tax. Maybe in Ireland, but It is not holdings in the US. It's just money you are getting. No estate here to pay taxes on. Anyway there is like a large amount you get before taxes are due like 100,000 or 250,000 and maybe even more. (Googly, "inheritance tax IRS", then same Ireland.)
2006-06-28 10:52:35 · answer #2 · answered by Juvenile 3 · 0⤊ 0⤋
Inheritance tax always depends on the law of the state the owner lived last - so inform yourself about Irish law.
2006-06-28 10:21:21 · answer #3 · answered by swissnick 7 · 0⤊ 0⤋
go to Iraland and oick it up. just deposit it in your account. Or move it in small amounts. You can get away with it.
2006-06-28 10:20:52 · answer #4 · answered by mike67333 6 · 0⤊ 0⤋
Not if no one knows about it ;)
2006-06-28 10:19:45 · answer #5 · answered by okronbon 3 · 0⤊ 0⤋
yes I do believe you do!
2006-06-28 10:19:56 · answer #6 · answered by sandy d 1 · 0⤊ 0⤋