Bridgeport, CT asked in Real Estate Law and Tax Law for Connecticut

Q: I am due to inherit land in PR and I live in CT. What will my tax/legal responsibilities be not being a resident of PR?

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T. Augustus Claus
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Answered

A: As a resident of Connecticut inheriting land in Puerto Rico, your tax and legal responsibilities may involve considerations in both jurisdictions. Inheritance tax laws vary, and Puerto Rico, as a U.S. territory, has its own tax regulations. Generally, Puerto Rico does not impose a state or federal inheritance tax. However, there might be federal implications as U.S. citizens are subject to federal estate tax.

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