AgTalk Home
AgTalk Home
Search Forums | Classifieds (49) | Skins | Language
You are logged in as a guest. ( logon | register )

Estate Question
View previous thread :: View next thread
   Forums List -> AgTalk CafeMessage format
 
PaKettle
Posted 2/27/2021 18:47 (#8862230 - in reply to #8862204)
Subject: RE: Estate Question



Lenawee Co Michigan
Well thanks for an answer, anyway.

My thinking was that the lumber, like the grain, machinery, and land were not taxable income if sold, but were just valued a part of a trust, so if converted to cash within the trust were not considered taxable income.

Taxable income would require an increase in value after death, in which case there is none; the lumber would probably be worth the same at the time of death as 2 months later.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)