What is the name of your state?What is the name of your state? Illinois
I am married to an american citizen and I received an inheritance from other country. I want to open an account, deposit that money in CD, and make a will for my 2 sons from my previous marriage that are in other country.
Is that possible? Will they have to pay taxes to get that money when I die? Do I have to make something else to be the only owner of that account or my husband will have rights on it?
Thanks for your help.
I am married to an american citizen and I received an inheritance from other country. I want to open an account, deposit that money in CD, and make a will for my 2 sons from my previous marriage that are in other country.
Is that possible? Will they have to pay taxes to get that money when I die? Do I have to make something else to be the only owner of that account or my husband will have rights on it?
Thanks for your help.