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-   -   California estate/inheritance tax (https://www.askmehelpdesk.com/showthread.php?t=95887)

  • May 25, 2007, 10:16 PM
    coyote1948
    California estate/inheritance tax
    My mother died last year. Her gross estate is worth about 1.2 million, all house. ( Calif real estate). My attorney tells me the amount over 1 mil. Is taxed at 48%. Nowhere can I find information about this tax, or, that the cut off is 2 mil. Any info would be appreciated.
  • May 26, 2007, 07:23 AM
    AtlantaTaxExpert
    Your attorney is wrong (his info is out of date).

    Look on Internal Revenue Service and search for "estate tax".

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