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Paying off deceased mother’s debt with lowest tax implications
Paying off deceased mother's debt with lowest tax implications My mother passed last year (fuck cancer). She had far more money that we expected but certainly nothing that's in the realm of "we can stop working the rest of our lives" money. The majority of the money is sitting in a traditional IRA that has her children as beneficiaries. For round numbers, let's say that each child gets $50,000, though I don...
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