"To inherit the assets" means to receive or obtain the possessions, properties, or belongings of someone who has passed away, typically as a result of being named in their will or through the legal process of inheritance. Full definition
Twelve years spreading of payment is only applicable when the value of the inherited family business accounts over 50 % of the total value of inherited assets. (familybusinesstaxindex.com)
Do you have a high salary, own a business, own real estate, have capital gains, or generate a lot of income from inherited assets? (purefinancial.com)
The bill would create a new family tax credit and double exemptions for estate taxes on inherited assets, while also allowing small businesses to write off loan interest. (babypips.com)