My wife is an only child and her mother and father has past away.
She is the executer of the estate. Their is checks to be cashed and money market accounts. She was told to move them(from the lawyer).An create an estate account .To pay for stuff that goes along with running the estate.
My question is will she end up paying taxes on the money left over in the accounts.Because of the IRS having their nose in it.
She is to inherit everything in the end.