Probate can be a long process. At a minimum it will take about 4 months. There are some estates that are still open after decades of work.
if you have our executors you will never get your money
few weeks
The only reason a beneficiary would add money to an estate would be if they owed money to the estate at the death of the deceased.
As far i know it happens i real time.. No loss of time if u have registered your beneficiary already. Its very fast in hdfc. not fast its real time.
Once you send in the beneficiary claim form and an official death certificate, the benefits are usually paid within one to two weeks.
if you have our executors you will never get your money
few weeks
120 days
No this is too long contact them immediately maybe they didn't get the proof you sent in. See what the hold up is.
No.
When the policy holder dies, the money goes to the beneficiary. If the beneficiary then dies, THEIR beneficiary then gets the money.
The government will take any money they can from you so I would say that they will tax it. You can thank Obama for that.
Beneficiary Required Minimum Distribution (RMD) When you are the beneficiary of a retirement plan, specific IRS rules regulate the minimum withdrawals you must take. If you want to simply take your inherited money right now and pay taxes, you can. But if you want to defer taxes as long as possible, there are certain distribution requirements with which you must comply. Use this calculator to determine your Required Minimum Distributions (RMD) as a beneficiary of a retirement account.
The beneficiary received a huge amount of money from lottery.
Depend on the items and size of the estate ( this can take from a month to years and years). Once all accounted for the legal process can be done in a couple of weeks to a month.
The only reason a beneficiary would add money to an estate would be if they owed money to the estate at the death of the deceased.
Money received as a beneficiary from an estate is not considered taxable. Money that is left on behalf of an estate is an inheritance and is considered to be tax free.