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jodiver
May 7, 2010, 10:43 AM
Hi

I will be inheriting a small amount (roughly $35K) from a recently deceased family member. The family member lived in the UK was a UK citizen but I live in California. Will I have to pay any California or Federal Inheritance Tax or any other taxes on this money?

Thanks for your help.

ebaines
May 7, 2010, 11:14 AM
There are no CA inheritance taxes nor federal inheritance taxes, so no worries there. I do not know whether there are any inheritance taxes to worry about in the UK.

jodiver
May 7, 2010, 01:26 PM
Thanks for the response. There is inheritance tax in the UK but the amount involved here is way below the amount above which tax has to be paid.