My wife may shortly be receving a sizable inheritance from a dying relative in Asia. I believe inheritance is nontaxable, but would we need any special documentation on file when we send the money to the US? The relative is from a rural area where no one really has official wills or anything like that. The wishes of the deceased are normally just carried out by the eldest son. I am concerned the IRS might try to call the inheritance a "gift" which it is not. Thanks
- posted
17 years ago