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[quote=Anonymous][quote=Anonymous]Did you have to pay estate taxes when your parents died? Just wondering how many inherited at this level. It’s looking like my siblings and I will have to pay millions when parent passes in the near future. Overall I am very lucky financially (except to lose my parent) but the federal tax amount is way more than I made in my entire life working. Parent never really shared info before. I can’t really ask friends. [/quote] Yes but very little. Fortunately my parents had some great estate attorneys set up the right kind of trusts for their wealth. The result is very little estate taxes.[/quote]
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