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.
What percentage of the Earth's mass is water? The total amount of water as a percentage of all the mass that makes up our planet is estimated at 0.023%; that's 2.3 one-hundredths of one percent! Around 71% of Earth's su â¦ rface crust (the thin brittle rocky veneer) is covered by water..