Page 1 of 5. PRIVACY THRESHOLD ANALYSIS (PTA) This form is used to determine whether. a Privacy Impact Assessment is required. Please use the attached form to determine whether a Privacy Impact Assessment (PIA) is required under. the EâGovernment Act of 2002 and the Homeland Security Act of 2002.
The executor is also responsible for any estate taxes when due. Estate taxes are only applicable to very large estates -- in excess of $5 million. An executor typically cannot settle a large estate that owes taxes until he files an estate tax return and receives an estate tax closing letter from the IRS. The IRS estimates a wait of about four to six months after the executor files the estate tax return to receive the closing letter.
It is hard to say how long it will take for you to purchase a home. I know a couple that started looking for a house in January, and still have not closed. I know another guy that started looking, offered and closed the transaction within 3 weeks.