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Do I have to pay taxes on a money market my mother left me when she passed away in Jan. 2015 if I roll it over into my annuity account?
Wiki User
∙ 8y ago
Do I have to pay taxes on a money market my mother left me when she passed away in jan. 2015 if I roll it over into my annuity account?
Wiki User
∙ 8y ago
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Is a joint savings account considered taxable as part of an estate?
My mother and i have a joint savings account my mother passed away does the money in the account become part of the estate
Can you use your deceased mother's bank account?
Not unless you were also named as a joint owner of the account. If you and your mother had a joint account the full ownership passed to you upon her death. If the account was your mother's sole account you would need to forge her name to make any withdrawals. That is not legal. The account is part of her estate.
Your mother died and left her daughter a joint account can anyone draw money out of that account?
No. As with any bank account only the account owner can withdraw money from the account. If the mother set up the account as a joint account with her daughter (with both mother's and daughter's name on the account as joint owners) the full ownership of the account passed to the daughter when the mother died. No one else can make withdrawals.
My mother passed recently and had no living will.I am her only child. Do I have to go through probate to access funds in her bank account?
Yes, this must go through probate. The only exception is if you are already a joint account holder or if she had an "in the event of death" beneficiary on the account with your name on it.
We the family have reason to suspect some dishonest activity reagarding my mother and this account are you saying we basically have no recourse if she abuses the money or runs off with it?
Joint Account If your name isn't on it then you have no rights. If she has passed away then the Power of Attorney can access it.
If my mother is the one who passed is it mother or me the daughter?
to be honest i’m sure but i think it’s mother
Is baldness passed from your mother or father?
The gene for baldness is inherited from the mother .
Why did Miley's real mother pass away?
No, her mother never passed away. On the Disney Channel television show, Hannah Montana they pretend that she passed away, but her real mother is alive and well.
Is your mother-in-law dead?
was dreaming of my deceased mother when i got news of my mother n law passed away
Who was maxine waters mother?
she just passed this week
What is maternal arthritis?
Arthritis that is passed on geneticaly from the mother.
What type of DNA passed down from the mother?
bob
