NLIC.org

Melinda Said:

capital gaines taxes and no money will be made from the sale of our fathers home?

We Answered:

Whoever is the executor of your father's estate should be using an estate attorney to advise him/her on these matters. You won't get informed advice here. However, any taxes due on the estate's assets are paid for by the estate prior to final settlement. Heirs are not taxed directly.