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-   -   Inheritance Tax- Federal and CA State (https://www.askmehelpdesk.com/showthread.php?t=218247)

  • May 21, 2008, 07:34 AM
    sdmslick
    Inheritance Tax- Federal and CA State
    I was recently awarded a $5.7million inheritance from a late uncle (all cash) and am curious of what the inheritance tax will be on such a large sum. I live in CA, but he lived in OR. If anyone can answer or direct me to where I can find the information, it would be appreciated. The internet has many conflicting answers and this is not anything I am familiar with. Your help is appreciated.
  • May 21, 2008, 01:15 PM
    cdad
    You really need to ask a tax lawyer or a certified EA ( tax expert ) as to what your liabilities will be.
  • May 21, 2008, 02:09 PM
    stinawords
    You need to talk to an accountant. I could tell you exactly how everything would go down in my state but that really wouldn't do you any good because California is different.

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