Quote:
Originally Posted by Shreddy
Being a tax attorney, I always enjoy when these questions pop up and seeing the answers of the general public. With that said, I'll also echo what's been previously been said...seek professional advice from a CPA/attorney who specializes in this area. The benefit will significantly outweigh the cost given the "hypothetical" fact pattern  |
What is interesting is the mixing of the inheritance tax, with the capital gains tax, and the primary home exemption.
My understanding is these are all different.