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cathykidd · Joined: 03 Sep 2009 Posts: 1 1.25 Dollars($)

Mother died 6-7 months after she processed quick claim deed...all proprerty is now sold...money in joint account to be divided equally to all on last will and testament..

adonis · Posted: Thu Sep 03, 2009 9:28 pm Post subject:

Welcome cathykidd,

Was the property sold after your mother's death? If there has been a profit by selling off the property, then you would be responsible for the capital gains tax. Apart from this, I don't think there would be any kind of taxes they you will have to pay.

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What are tax liability with quick claim deed in force and cash in bank