If my uncle has put his bank accounts in trust for me because he is looking ahead in case of his death what, if any, will be the inheritance tax?
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If my uncle has put his bank accounts in trust for me because he is looking ahead in case of his death what, if any, will be the inheritance tax?
Asked on August 10, 2014 under Estate Planning, Florida
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 10 years ago | Contributor
You are doing a little estate planning and that is a good thing. I think that your Uncle should speak with some one in person to understand things. Or maybe he has. You write that you are from the state of Florida. Florida is one of the states that does not impose an inheritance tax or an estate tax. Good luck.
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