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.
The ocean holds about 97 percent of the Earth's water; the remaining three percent is found in glaciers and ice, below the ground, in rivers and lakes. Of the world's total water supply of about 332 million cubic miles of water, about 97 percent is found in the ocean. The ocean holds about 97 percent of the Earth's water; the remaining three percent is distributed in many different places, including glaciers and ice, below the ground, in rivers and lakes, and in the atmosphere. According to the U.S. Geological Survey, there are over 332,519,000 cubic miles of water on the planet.