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What are tax liability with quick claim deed in force and cash in bank

Posted on: 03rd Sep, 2009 10:21 am
Mother died 6-7 months after she processed quick claim deed...all proprerty is now sold...money in joint account to be divided equally to all on last will and testament..
Welcome cathykidd,

Was the property sold after your mother's death? If there has been a profit by selling off the property, then you would be responsible for the capital gains tax. Apart from this, I don't think there would be any kind of taxes they you will have to pay.
Posted on: 03rd Sep, 2009 09:28 pm
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