living help: My grandmother passed away years ago and in her “living trust” she left me some valuable jewelry. - Help.com



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My grandmother passed away years ago and in her “living trust” she left me some valuable jewelry.

If I sell it to an “Estate Jewelry Co.” would I have to pay income tax on it. I need to know because I am on Social Security Disability.
Any help appreciated.

This open post was written 1 year ago | V/U/S: 384, 6, 4 | Edit Post | Leave a reply | Report Post


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Social security, Social security, Estate jewelry, Living trust, disability, income tax, Security, social, living, Estate (How Tags Affect Reciprocity)

Replies (6)

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Anonymous #
1 year ago (33 minutes after post)

You’re selling your grandma’s gifts? Aweh, is there no other way?

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Anonymous #
1 year ago (51 minutes after post)

Oh believe me my house is filled with the most treasured “nin nac’s” that she left me as well as so many wonderful, cherished memories.

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pupu252 offline Verified User (1 year, 4 months) Long Term User Shouts: 0 #
An Unknown Location | 1 year ago (1 hour, 54 minutes after post)

Anonymous wrote:
You’re selling your grandma’s gifts? Aweh, is there no other way?

If i have problem with money maybe i will do so but i will try not do it until i have no choice…

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Zirbel offline Verified User (2 years, 9 months) Long Term User Shouts: 4 #
An Undisclosed Location | 1 year ago (2 hours, 54 minutes after post)

The tax question depends on your country’s tax rules — which we don’t know.

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The Sherlockian offline Verified User (5 years, 1 month) Long Term User Shouts: 39 #
An Unknown Location | 1 year ago (10 hours, 12 minutes after post)

In the USA, the “death tax” has been greatly lessened. Seems you can inherit up to $600,000 without it being taxed–but ask an estate attorney to be sure!

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Anonymous #
1 year ago (12 hours, 48 minutes after post)

Thank you for the advise.

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