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Author Question: When a person dies, the estate is subject to: (Read 55 times)

Davideckstein7

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Question 1

A will only becomes effective when:


◦ It is notarized
◦ It is signed by the judge
◦ Upon death of the testator
◦ It is proven that the testator was of sound mind

Question 2

When a person dies, the estate is subject to:


◦ No taxation
◦ Taxation in the form of state and federal estate taxes, and in some states, inheritance taxes
◦ No payment of debt and bills
◦ A review by the government


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Marked as best answer by Davideckstein7 on Feb 28, 2019

InfiniteSteez

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Davideckstein7

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TY



InfiniteSteez

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You're welcome



 

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