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re: Living inheritance / estate transfer tax in Louisiana - Question
Posted on 4/4/23 at 2:29 pm to JonTigerFan11
Posted on 4/4/23 at 2:29 pm to JonTigerFan11
I’m mainly talking about estate transfer (to child) tax
This post was edited on 4/4/23 at 2:32 pm
Posted on 4/4/23 at 2:48 pm to VermilionTiger
Louisiana doesn’t impose any taxes on the transfer of property from a deceased person to their heir. Neither does the fed gov. The fed gov does impose an estate tax on the transfer of property from a deceased person to their heirs. Generally no income tax on inherited property either, but benefits from that property (ie, future income) will be subject to income tax.
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