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Your mother passed away.Do I have to apply for a TIN number for her estate?
Wiki User
∙ 9y ago
Yes. A decedent's estate is considered to be a taxable entity separate and apart from the decedent therefore it needs its own TIN (Taxpayer Identification Number). The decedent's social security number cannot be used for the estate bank accounts nor can it be used to pay taxes on income earned by the decedent's assets after the date of death. The exucutor completes and files IRS form SS-4 to apply for the TIN. The IRS then issues the TIN to the estate.
Wiki User
∙ 15y ago
Wiki User
∙ 9y agoYes, very often you will have to apply for a TIN for her estate. If there is any income or any money coming in at all it will be made out to the estate and each estate needs to have a TIN.
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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
Do I have to file both a 2009 Form 1040 and 1041 for my mother's estate?
If your mother passed away during the year, yes. The 1040 is for the time that she was living. The 1041 covers the estate for the remainder of the year.
If your Mother passed away leaving no estate but her mother is still alive and that estate is left to your mother will your mothers debt be taken out of your grandmothers estate when she passes?
It will depend on the specific way in which the grandmother's will is written. In this case, they money normally expected to go to the mother would skip her and go directly to the grandchildren. You will need to consult a probate attorney to see what will happen in this specific jurisdiction and the situation.
Am I entitled to my mother-in-law's estate?
It depends on a number of factors: Are you listed in the will? If not, you probably are not entitled to anything. If you husband has passed away, and he had children with you, you may be entitled to some of it in trust for the children. If your husband is living, no, the inheritance belongs to him.
Is the pope's mother alive?
No, she passed away a number of years ago.
Can back child support be paid directly to the adult child rather than the mother?
No, the mother is the one that paid for taking care of the kid and is the one that should be reimbursed for it. If the mother has passed, the money is owed to her estate.
Father passed away and mother never opened estate Now mother is gone who is responsible for opening the estate of the father Will states everything is left to wife.?
Each estate must be separately administered. Fathers creditors will need to be paid from father's estate, necessary tax forms will be filed. Father's estate will need to be distributed according to the father's will, i.e., the residual to the surviving spouse. The estate of the spouse is then probated by the administrator of the wife's estate, as required by the wife's creditors and heirs.
Father passed away and mother never opened estate Now mother is gone who is responsible for opening the estate of the father Will states everything is left to wife?
Each estate must be separately administered. Fathers creditors will need to be paid from father's estate, necessary tax forms will be filed. Father's estate will need to be distributed according to the father's will, i.e., the residual to the surviving spouse. The estate of the spouse is then probated by the administrator of the wife's estate, as required by the wife's creditors and heirs.
Your father had stock shares in Thousand Trails Inc and has passed away how can your mother sell them?
The executor of the estate can make arrangements to sell or transfer the stocks.
Your nans will stated her house be divided between your mum and her 2 brothers your mum died who gets her share of house?
If your mother died after her mother did then her share would pass to her children. However, if your mother died prior to her mother then you need to review the language in the will to determine if her share passed to her children or her siblings. In either case your grandmother's estate must be probated in order for title to the real estate to pass to her beneficiaries. You could ask the attorney who is handling the estate your question.
Does estate get passed to the IRS?
The estate does have to file a tax return with the IRS. It is responsible for income tax and estate taxes
Your mother granted a life estate to herself The 3 kids own the farm One sister has passed away your mother is still living Can she legally reverse her life estate give her remaining 2 kids the assets?
You didn't say how the life estate was granted. If it is in a will it won't apply until the mother dies and the gift can be changed at any point up to that time. But you did say "3 kids own the farm" which could imply that there is a deed to the three kids with a life estate to the mother. If it is in a deed, then it can't be "revoked" without permission of the owners - the three kids. If one of the sisters has died, then that portion goes to the heirs of that sister, again encumbered with the life estate of the mother.
