seniorhelp
New Member
I am 78 yrs old. i live in my own home which is completely paid for. I live on social security and in this way am able to pay my property taxes. i am not in the best of health therefore difficult looking for a lawyer in my immediate area. I am interested in knowing this - if i should die, and my children inherit all that i own, without a will, will they be obligated to pay any taxes on what i leave them? My biggest asset is my home, which i am living in. according to property tax figures, the market value of my home is about $600,000. Will my children have to pay any taxes after my death or any other obligation?