[Tmarkwald]

Originally Posted by CoachKandSportsguy

Reads like alot of hyperbole! Descriptions of florida estate and inheritance taxes in the link below would indicate that he got quite alot of inheritance, which he had to pay if over $11M

When Are Beneficiaries in Florida Liable for Inheritance Tax | DeLoach, Hofstra & Cavonis, P.A.

Where do these massive tax hits come from which you stated? In florida there is very little estate tax, but the inheritor must pay the property taxes after ownership is transferred. That should not be considered massive unless, their was a large financial inequality such that the inheritor couldn't afford the property taxes on his/her income.

That would seem massive but not really be massive. Sounds more like wanting to display expected perceptions about taxes to avoid any appearance of a large inheritance, after getting a very large inheritance, if the truth were known.

sportsguy

I was referring to property tax only, homesteading, etc.. I know nothing of the inheritance, I only know that without the homestead exemption it was a couple thousand more.