What is the name of your state?NJ
My Aunt left me a POD CD (60K) in the local bank. She passed several months ago and her will has been probated. Am I exposed to an inheritance tax with the state or federal GOV.? In her will she was to pay all taxes on her estate before distribution. Would a POD distribution be considered part of her estate? Thank you, Ed
My Aunt left me a POD CD (60K) in the local bank. She passed several months ago and her will has been probated. Am I exposed to an inheritance tax with the state or federal GOV.? In her will she was to pay all taxes on her estate before distribution. Would a POD distribution be considered part of her estate? Thank you, Ed