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 Form 706 2017

2017-2024 Form

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Instructions and help about Form 706

My name is Jim Baker from biggest accidents and I just had an interesting case this week a non-resident who owned in a house in Florida passed away and if you're not aware of it there is an estate tax for what is in a state tax for everyone but for non-residents the exemption is only sixty thousand dollars for residents for you and me and people that live here a residents and citizens of the US they state tax exemptions five million dollars, so you don't have to file now about pay pay anything unless you're a state and all your assets are worth over five million dollars when you die but for a non-resident if you are from Chile or from Brussels and you have a house here, and it's worth more than sixty thousand dollars, and it's not held in any kind of entity, or you just own it there's an estate tax to pay when you die this there should be some planning that goes into this before you actually before you buy the property, and before you die but regardless Rihanna pretend no planning was

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