An inheritance tax differs from an estate tax, which is a tax levied on an entire estate before it is distributed to individuals.. If you were to inherit a home worth $3 million, for example, the federal estate tax would be $450,000, says Altman.f you decide to sell the inherited home, you will probably be required to pay capital-gains tax on the difference between what you net from the sale and your basis (the purchase price plus improvements minus depreciation).
Children living with both biological parents are 20 to 35 percent more physically healthy than children from broken homes. (Dawson, âFamily Structure and Childrenâs Health and Well-beingâ Journal of Marriage and the Family). 11.
In 2009, 69 percent of the 74.1 million children under 18 lived with two parents. Four percent (2.9 million) of all children lived with both a mother and father who were not married to each other. Between 1991 and 2009, children living with only their mother increased from 21 percent to 24 percent. The percentage of children living with their mother without a father present varied widely among race and origin groups in 2009, from 8 percent for Asian children to 50 percent for black children. Seventeen percent of non-Hispanic white children and 26 percent of Hispanic children also lived with their mother only.