brynsdream
Jul 13, 2009, 12:32 AM
Ok, here I go... My mom passed away in Washington State. She had a trust fund that is going to be paid to me in cash. I live in Colorado and the executor is in Utah. Where does the tax liability lie? The executor is my aunt who also has an interest in the trust and I am worried she might have pinched in the past and she has me completely freaked out now on how much taxes will be taken before I even see the money. Should I be worried?
Thank you so much for taking the time to answer. :eek:
Oh, yeah and one last thing it should be around $150,000. Is that even taxable?
Thank you so much for taking the time to answer. :eek:
Oh, yeah and one last thing it should be around $150,000. Is that even taxable?