Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What if the estate is unable to pay the taxes?

April 26, 2017Estate pay taxes

0

Posted

What if the estate is unable to pay the taxes?

1 Answer

0

Posted

• In the case of an insolvent estate, where the assets are not sufficient to pay the debts and taxes which are due, jointly owned property which had been owned by the deceased may be used to pay these debts, taxes and expenses.