The federal government imposes an estate tax that applies to the assets a decedent leaves behind, but it does not apply to the recipients of inheritance. If you inherit money or property, you generally don't have to pay taxes on your inheritance unless you live in a state with an inheritance tax.he federal estate tax generally applies to estates with assets exceeding $5,120,000. If you receive inheritance from a wealthy individual, the money you receive may have been subject to estate tax but you don't have to pay estate taxes yourself.
Answer by Ruko777. Confidence votes 2. 97% of the water on Earth is in the ocean, or saltwater. 3% is freshwater. See the related link for more information. on the earth's surface, 97% of the water is salt water, though in the 3% that is fresh water, most of it is locked in iceburgs, and things of that icy nature.
About 97 percent of Earth's water is in the ocean The ocean covers more than 70 percent of the surface of our planet. It's hard to imagine, but about 97 percent of the Earth's water can be found in our oceans. Of the tiny percentage that's not in the ocean, about two percent is frozen up in glaciers and ice caps. Less than one percent of all the water on Earth is fresh. A tiny fraction of water exists as water vapor in our atmosphere. According to the U.S. Geological Survey, there are over 332,519,000 cubic miles of water on the planet. A cubic mile is the volume of a cube measuring one mile on each side. Of this vast volume of water, NOAA's National Geophysical Data Center estimates that 321,003,271 cubic miles is in the ocean.