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    Sabey43's Avatar
    Sabey43 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 25, 2008, 08:06 PM
    Louisiana Law on inheriting money from my deceased brother?
    I inherited money from my deceased brother's will. I'm on disablity and I would like to know if this money would jeopardize my disability income? I'm 75 years old. I no longer file income taxes... would I have to because of this money? It's less than 50,000. Would I have to pay inheritance tax?

    Sabey
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Jan 25, 2008, 08:09 PM
    Inheritance tax is paid by the estate, not the heirs. If this was a cash bequest then no tax is owed. Disability is insurance, not welfare, so they shouldn't have a claim on this money.
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