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My mother passed away two weeks ago. I am her Trustee and
My mother passed away two weeks ago. I am her Trustee and her Executor of her Estate. I am in the process of disposing of her property including annuities, IRAs, and personal property. Next April, I w… read more
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#1 I am receiving SS only. Should I be filing taxes? #2 I will be receiving money from my deceased mother's annuity account in the amount of $58,000. Do I need to file for that, and what if so is the … read more
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My elderly mother put her remaining cash (approx. $150K) in an IRA prior to her passing. I was named as the beneficiary. This was intended to be an inheritance. When she passed and all pertinent docum… read more
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My mother died at 95 in June (father deceased). I have 2 sisters. My
My mother died at 95 in June (father deceased). I have 2 sisters. My older sister handled the estate. On one of the annuities, I received a cashier's check for $17,265.54 from my older sister as the p… read more
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Do I have to pay PA income or inheritance taxes on my deceased aunt's non qualified annuity on which I am the beneficiary?… read more
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my grandmother died on December 3, 2012 the total value of
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I put my mothers money in an annuity, and she passed away in
I put my mothers money in an annuity, and she passed away in Nov. of 2010, so I took $58,000 out of her annuity, and it was wire transfered to my checking account. I wrote 2 checks to my brother and s… read more
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I have a complicated question. My dad goofed up on signing
I have a complicated question. My dad goofed up on signing his annuity thinking "joint owner" (my mom) meant she was the first beneficiary. They proceeded to list their 4 children as beneficieries of … read more
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my grandmother left me an annuity of 28,657. how do i decide
my grandmother left me an annuity of 28,657. how do i decide if i should accept this amount as a lump sum or not? i live in Florida, she lived in NJ.… read more
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I own a non-qualified annuity which was purchased from my fathers
I own a non-qualified annuity which was purchased from my father's checking account. (I am his POA.) My father and my wife are beneficiaries should I die before them. My sister is joint owner. The int… read more
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Brother told me he was leaving me $180,000. He died in Jan,
Brother told me he was leaving me $180,000. He died in Jan, 2010. Money was in annuity with his wife and I being beneficiaries. The money was paid to his wife. She then deducted money for taxes and se… read more
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My mother passed away recently, I have 3 brothers & 1 sister,
My mother passed away recently, I have 3 brothers & 1 sister, my Mother left some small Annuitys, IRA's and a Trust Fund. Are all these items taxable? Do we as individuals have to pay any Federal & St… read more
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MY MOTHER WHO LIVES IN MISSISSIPPI HAS 4 ANNUITIES. 1 IS FOR
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I recently had two parents pass away and im the executor of
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My mom and dad passed away a few weeks ago. The will states ...
My mom and dad passed away a few weeks ago. The will states that me and my sister split the money half and half. My sister is fine with this.. however the anuities that my mom and dad had over 200,000… read more
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My father died in October and my sister and i are joint ...
My father died in October and my sister and i are joint executors of his estate. My father was in ill health for several years and my sister, who lived in the same city and paid his bills, is on his b… read more
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my two sisters and i are the beneficiaries of her ...
my two sisters and i are the beneficiaries of her annuities. I know we will be taxed on what interest she makes but how much. SHe lives in New Jersey… read more
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If a person dies owing back income taxes, can the IRS take the life insurance check to pay the back taxes owed? Or do they try to get what they can out of the estate? The life insurance policy is left… read more
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