Ask Experts Questions for FREE Help !
Ask
    BLUEEYE69's Avatar
    BLUEEYE69 Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 21, 2010, 04:19 AM
    How cani avoid usa inheritance tax
    I hope to purchase a townhouse in 2011 in california - i am a non resident
    I am not worried about income tax since it will not be rented, as far as capital gains tax that is another issue
    What i wish to avoid is inheritance tax and avoid having my heirs having to go to court or other difficulties
    So what are my options.. joint tenancy trust funds? Other?
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
    Uber Member
     
    #2

    Oct 21, 2010, 04:56 AM

    You can turn off your caps lock key for one thing... all caps is shouting and is considered rude in the online world.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #3

    Oct 21, 2010, 05:49 AM

    BlueEye69: what inheritance tax are you speaking of? The US does not have an inheritance tax, and neither does the state of California. So the only inheritance tax you need to worry about would be one imposed by your home country, or the country that your heirs live in.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Deadbeat Dad attempting immigration to USA from UK to avoid child support [ 3 Answers ]

I know a many, a very cunning and charming man, who is attempting to run a marriage immigration scam on this poor, unsuspecting and naïve young woman. He's recently divorced in the UK after fathering a child with is wife's friend. They sold their home and I suspect he is unemployed at this point...

Cani get last years ssn and medical tax this year? [ 1 Answers ]

Hello everyone, I am in OPT right now and last year when I filed my tax returns I didn't get my SSN and medical tax money back. Can I get that money with this year tax returns?. and how can I do that...

USA tax return: Married But wife never been to USA: How to do the taxes. [ 4 Answers ]

Hi There, First of all thank you for opening my question. I was in Detroit, USA from Dec,06 till 23rd May,08. I have question about filing 2008 taxes. I have got w2 form. I got married in Nov,08. My wife never been to USA and doesn't have SSN/ITIN as of now. I also didn't go back to USA till...

Tax returns in USA if less than 180 days stay in USA [ 2 Answers ]

Hi, I am from Inida.I stayed less than 180 days in US. My total Fedral tax deducted was $3261 and social security tax was $1510. Will I be freed from paying these tax. How much percent of the tax I will returned. Thanks

How to avoid taxes with an inheritance [ 3 Answers ]

With inherited real estate, what do I do so that I do not have to pay taxes.


View more questions Search