My father has several safety deposits that I am a co-signer on. If he passes is the stuff in the safe deposit taxable?
2 Answers | Asked in Estate Planning Law for Florida on Jan 5, 2013.
Answered On Jan 30, 2013
It depends upon many facts not given. Probably not.
Answered On May 2, 2013
There are several issues that need to be examined to give you an answer: what his estate is worth, the type of assets that are in the box, and if you inherit them testamentary (after his death), the sate he lives in, the state you live in,