The only way to buy your father's house would to be to purchase it before he passes, after he has passed, you automatically inherit the house. Even if you purchase the house, you will still pay taxes.
A growth stock.
When deciding what to do with a 300k inheritance, consider paying off any high-interest debts, investing in a diversified portfolio, saving for future goals like retirement or a down payment on a house, and seeking advice from a financial advisor to make informed decisions.
Paying the principal on a loan does not lower the monthly payment. Instead, it reduces the total amount owed and can shorten the overall repayment period.
installment buying
The use of the funds doesn't change their taxability. And lord knows why you would think paying off a debt (mortgage) would get some advantage. But, I'm not at all certain the inheritance is taxable anyway.
Inheritance Tax is a tax which can arise where a beneficiary receives an inheritance as a result of someone dying. The beneficiary is responsible for paying the tax. An inheritance can be taken under a will or intestacy - or in some other way such as, for example, where an asset in the joint names of the deceased and another person is taken, on the death of the deceased, by that other person as survivor.
He wan'ts to use the money from there fathers deathpension ( which is 10,000) to invest in aliquor store with his "bushiness partner" Willy. But instead the money is going to paying for her Medical school bills.
yes
Yes, you always have to pay taxes on an inheritance property. The percentage would be depend on the property value. is it from dollar one or is there a set amount that you can inherit without paying taxes?
It's called layaway.
yes you can
No
Yes, by paying his child support arrears in full.Yes, by paying his child support arrears in full.Yes, by paying his child support arrears in full.Yes, by paying his child support arrears in full.
The estate of the husband would be responsible for paying the fines. The wife's inheritance will be less because of this.
A growth stock.
It means the state is paying for the bed instead of the
chattin in-game is free