I remember that months, just several months after he passed away, I got a letter in the mail from the IRS that said we owed death taxes. Now, we, like most small family businesses or ranchers or farmers, We had land, we had machinery, we had cattle, but we didn't have any money in the bank. And all of a sudden, I found out about these hundreds and hundreds of thousands of dollars that I owed the federal government because we had a tragedy in our family. (07:14–07:20)
CLAIM
Asserts that her family had assets but lacked liquid cash.
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