Renouncing Will by StepMother

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GabesBa

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My 87 yr. old father passed away with a 30 year old will. His wife of 6 years is renouncing the will and claiming 1/3 of the estate. As co-executor, we had planned to use "special use" valuation for the farmland, bringing the estate below the $2million amount. However, the step mother has to agree to this and will not, which will make the estate liable for more than $200,000 in estate taxes. Can my step mother be held liable for these taxes, since it is her decision that is causing the estate to be over $2million?

I am in Illinois.

Thank you,
Gabe's Ba
 
Q: Can my step mother be held liable for these taxes, since it is her decision that is causing the estate to be over $2million?

A: The law generally does not punish people for exercising the rights the law has given them. In your case, with this much at stake, you need to hire a very good probate lawyer. Yesterday.
 
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