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Disclaiming inheritance in a will
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redoak
Posted 6/7/2010 13:17 (#1227823 - in reply to #1226382)
Subject: sometimes you can't break even


sw ontario
a "friend" inherited a a house when old fellow died 2 yrs. ago--appraised at 500k+,,,market crshed and guy sold it for a little over 200k but they used estate value on day he died...don't know estate tax but he claims he ended up owing money on it,,if that is possible
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