bbhilt t1_iu6no85 wrote
Can someone explain? I see people mentioning taxes but this is below the exemption amount for estate taxes.
poe_todd t1_iu6swlk wrote
The man died in 2016. The estate exemption was about $5.5 million.
procrasstinating t1_iu6tsou wrote
The estate tax limit is $4m in Illinois. $12m for Feds.
[deleted] t1_iu6uv53 wrote
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Yalay t1_iu6rsd0 wrote
Estate taxes are based on the size of the estate, not the size of an individual’s inheritance.
[deleted] t1_iu6sla5 wrote
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