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2. Do all heirs need to agree to sell an inherited property? - AOL

   www.aol.com/finance/heirs-agree-sell-inherited...

   In addition, six states have a separate inheritance tax: Iowa, Kentucky, Maryland, Nebraska, New Jersey and Pennsylvania. New York also has its own set of estate tax laws.

3. Inheritance Laws in Kentucky - AOL

   www.aol.com/news/inheritance-laws-kentucky...

   Kentucky is one of the few states that implement dower and curtesy laws, which are a relic of past U.S. inheritance law policies. That same distinction of rarity applies to its inheritance tax, as ...

4. How to sell an inherited house: What you need to know - AOL

   www.aol.com/finance/sell-inherited-house-know...

   Tax implications of selling an inherited house. Selling any property for a large profit has the potential to trigger real estate capital gains taxes. However, inherited properties are unique in ...

5. Estate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Estate_tax_in_the_United...

   Inheritance taxes are paid not by the estate of the deceased, but by the inheritors of the estate. For example, the Kentucky inheritance tax "is a tax on the right to receive property from a decedent's estate; both tax and exemptions are based on the relationship of the beneficiary to the decedent." [52]

6. Stepped-up basis - Wikipedia

   en.wikipedia.org/wiki/Stepped-up_basis

   Section 2032 provides an alternate method of determining the property's new basis. If the property is not disposed of within six months of the decedent's death, the executor may elect to use the property's fair market value six months after the date of death but only if such an election results in a decrease in the value of the gross estate. [2]

7. Heir property - Wikipedia

   en.wikipedia.org/wiki/Heir_property

   Heirs property, or heirs' property, refers to property that is passed between generations of family members without the involvement of local probate courts, without a will or formal estate strategy. [1] Heir property is commonly viewed as an unstable form of ownership, since co-owners often have limited rights over the property. [2]

8. Do I Pay Taxes Automatically If I Inherit Property? - AOL

   www.aol.com/finance/capital-gains-inherited...

   An inheritance is a windfall that can absolutely help someone's financial situation -- but it can make your taxes tricky. If you inherit property or assets, as opposed to cash, you generally don ...

9. Kentucky Revised Statutes - Wikipedia

   en.wikipedia.org/wiki/Kentucky_Revised_Statutes

   Kentucky Revised Statutes; University of Louisville Digital Collection: The statute law of Kentucky with notes, praelections, and observations on the public acts : comprehending also, the laws of Virginia and acts of Parliament in force in this commonwealth : the charter of Virginia, the federal and state constitutions, and so much of the king of England's proclamation in 1763 as relates to ...