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Thanks a lot Ira. I will find out if there is a Trust or if it's just a Will.

In the meantime, forgetting about the Estate side of it for now, just speaking about the son's inheritance of $90K in an IRA (mutual funds), it sounds like there is no Federal tax (that is all done via the Estate) and that MAYBE there would be some state tax. So we need to find out from the state what the exemption threshold is.

So even though the inheritor is in California, he may have to pay inheritance tax in Nebraska? I'm not talking about the estate being taxed here, but the son who inherited the IRA.

Or are you saying there is no inheritance tax to the recipient but just tax on the distributions?

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