How should you pay the estate taxes of your deceased parents?
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What if you’re going to sell a property you inherited but it’s still in the name of your parents? How should you settle the estates of a deceased married couple? Where should you pay the estate tax for each of them?  A lot of the properties we help buy or sell, are usually inherited properties that are still in the name of the parents, grandparents, or even siblings of grandparents. And the big problem here which complicates the sale is that all their estates have not yet been settled. This is the question of one of our viewers, Anthony and he writes:    “Property is located in QC with both names under mother and father.  Mother died in the province as indicated in the death cert. Father died in QC as indicated in death cert. My father died a few years after my mother. Will the estate tax be settled 50% in the province and 50% in QC?”  If you’re having issues transferring your land or have issues transferring the properties of a loved one who passed away, we have something that can help. We recorded an FAQ session where we answered the most common questions related to estate settlement. You can access the recording by going to https://legalaccess.ph/ and choosing the estate settlement topic there. *Disclaimer* The information contained in this presentation is provided for informational purposes only, and should not be construed as legal advice. We do not guarantee any results, and the information in this presentation may not constitute the most up-to-date legal or other information. you should not act on the basis of any content included without seeking legal or professional advice. Only your attorney can provide assurances that the information contained herein - and your interpretation of it - is applicable or appropriate to your particular situation.
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