0
Can you search by name to find out if someone received money as a beneficiary?
Wiki User
∙ 15y ago
I don't believe so...although there may be some commercial subsciption system, for investigators and such, that can do it.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Is money received as a beneficiary from an estate taxable?
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.
Does a beneficiary pay federal taxes on money received?
Generally, no
Is money received as a beneficiary taxable in NY?
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.
How to transfer money from someone else's account into mine by direct debit?
This can only be done by the other party setting up a direct debit mandate specifying you as the beneficiary.
Can you be the beneficiary of a pension if the decedent owes money?
Yes this might be possible.
How can you use beneficiary in a sentence?
The beneficiary received a huge amount of money from lottery.
Is money received as a beneficiary from an estate taxable?
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.
Does a beneficiary pay federal taxes on money received?
Generally, no
If someone designates a beneficiary does the money have to go to the estate or does it go directly to the beneficiary?
In relation to an IRA account or some similar trust account, the money goes DIRECTLY to the beneficiary and is not a part of the estate at all
Is money received as a beneficiary taxable in NY?
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.
What is a bank account beneficiary?
A beneficiary is the person who receives the benefit (usually money) from an insurance policy or a trust.
What happens if unable to find beneficiary?
most companies have a set period that they search for a beneficiary. if they arent found in that time frame (it can be years depending on the company) the money goes to the deceased's estate.
What is the difference between an annuitant and a beneficiary?
An annuitant is a person who receives regular sums of money that was earned by them. A beneficiary is a person who receives regular sums of money from someone else who has past away and selected them to receive the funds.
What if a spouse dies and you may be a beneficiary to their 401k but you divorced 10 years ago are you still eligble?
IF you are still the beneficiary on file for your ex-spouse then you are legally entitled to that money. If there was an updated beneficiary that lists other people as the beneficiary then you are not. On caveat is if you are listed as the beneficiary and the ex-spouse has a will in place that leaves the account to someone else, then you are not entitled.
The beneficiary died after the policy holder who is also deceased Who is the beneficary spouse or children from previous marriage?
When the policy holder dies, the money goes to the beneficiary. If the beneficiary then dies, THEIR beneficiary then gets the money.
If someone dies and their beneficiary is dead who gets the money?
If the beneficiary predeceased the testator and there is no contingent beneficiary named in the will the property will be distributed as intestate property under the state laws of intestacy as if there was no will. You can check the laws of your state at the related question link provided below.
What happens if someone dies and has no beneficiary on his life insurance policy?
In that case, the money will be kept deposited with the insurance company as unclaimed amount. In absence of the beneficiary, the insurance company can pay the money to the legal heir of the policy holder, but that has to be sufficiently proved in the Court of Law.
