What taxes and expenses must be paid out of an intestate estate?

After someone dies without a will, intestate succession law comes into play in the state of Washington. An intestate estate must go through the legal process of probate to go through the process of settling the estate. During this process, there are taxes and expenses that must be paid out of the estate before any distributions can be made. The first expense that must be paid out of the intestate estate is probate fees. This fee is the cost of having a probate court oversee the estate and settle any disputes. These fees are calculated based on the size of the estate. In addition to probate fees, the intestate estate will also be subject to inheritance taxes. In Washington, the estate is taxed at a rate of 10% of all assets over $2 million. This tax must be paid out of the estate before any distributions are made. These are not the only taxes and expenses that must be paid out of the intestate estate. Other expenses such as creditors’ claims, final debts, and costs associated with closing the estate may also be paid out of the estate. In conclusion, probate fees, inheritance taxes, and other expenses must be paid out of an intestate estate in Washington before any distributions can be made.

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What taxes and expenses must be paid out of an intestate estate?

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