Navigating Inheritance Tax Filing: Handling Prior Gifts and Legal Implications
Inheritance Tax Filing and Prior Gifts: Legal Implications and Strategies Understanding Inheritance Tax and Prior Gifts When preparing for inheritance tax filing, discovering prior monetary transfers between the deceased and their heirs can complicate the process. In this scenario, a father transferred 4 million KRW and 4.5 million KRW to a child’s account without prior … Read more