Do you need a tax waiver in ny state in order to inherit monies left to you?

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1140759

2026-03-30 12:20

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In New York State, you do not need a tax waiver to inherit money left to you. However, if the estate is subject to estate taxes, the executor must file the appropriate tax returns and may need to obtain a tax waiver before distributing the assets. It's important to consult with an attorney or tax professional to understand any implications related to estate taxes and the specific circumstances of the inheritance.

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