What to do about an estate if my friend’s partner of 17 years died 15 years ago?

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What to do about an estate if my friend’s partner of 17 years died 15 years ago?

The surviving partner was named executer of the Will and was left everything, including the home. He has not yet filed for probate. What taxes will he be liable for when he files? The estate was very small, mainly the house which is valued at approimately175k. He has been making the mortgage payments since the date of death.

Asked on August 5, 2013 under Estate Planning, California

Answers:

Nathan Wagner / Law Office of Nathan Wagner

Answered 8 years ago | Contributor

Your friend would not be personally liable for any taxes. His partner's estate could be liable for taxes, but it probably isn't. An estate of that size should be exempt from estate taxes; and because its main asset is the house, the estate probably did not have enough income to make it liable for income taxes. 


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