can a probate inheiritance be siezed to settle a tax lein?
by admin ~ June 4th, 2009 . Filed under: United States .
melcleary20 asked:
basically I have a $15,000 tax lein from the state of california. My brother passed away intestate (without a will). The administrator concurrs that I am the sole heir. My brother did, however, name me as the beneficiary of his CalPers retirement fund. The value of the retirement distribution will be approximately $45,000. Can the state attach the distribution prior to the probate administrator actually distributing it to me?
Roderick Cowdery
basically I have a $15,000 tax lein from the state of california. My brother passed away intestate (without a will). The administrator concurrs that I am the sole heir. My brother did, however, name me as the beneficiary of his CalPers retirement fund. The value of the retirement distribution will be approximately $45,000. Can the state attach the distribution prior to the probate administrator actually distributing it to me?
Roderick Cowdery
June 5th, 2009 at 12:47 pm
For california to attach but who knows government is inefficient and you might as well pay it while you may get lucky really though this debt would be easy for state retirement for california to.
June 8th, 2009 at 4:06 pm
Of course. So when you arrange to take the money, you need to have sufficient taxes withheld that you won’t owe at the end of the year. As a pension, this is fully taxable to you.