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Check if the state is a Common Law Property State or a Community property state. Then check the titling of the CD and you will have your answer

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8y ago

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Related Questions

Is CD investment risky?

No. CD stands for Certificate of Deposit which is a certificate issued by a bank after they accept the deposit from you. No matter what happens, this money will be returned to you on the date of maturity/completion of this deposit.


What happens if I need the money from my certificate of deposit before my term is over?

If you need to withdraw the money from a certificate of deposit before the term is over, you usually have to pay a penalty. The penalty varies from bank to bank and depends on the term of your certificate.


What happens when a death certificate is lost?

The next of kin can request a dublicate from the department of records in the state the deceased died in. Most states will issue a certified duplicate for a small fee.


What happens after probate in approved in Queensland Australia?

Probate means "a certificate granted by the Probate Division of the Supreme Court, in QLD it is the QLD Division of the Supreme court. The certificate shows that the will of the deceased has been proved as valid and registered and that authority to administer the deceased estate has been granted to the executor proving or propounding the will" Butterworth's Legal Dictionary 2004 So therefore after the certificate of probate is granted, see the executor of the will so that you are able to claim your share. I'm assuming that you are a beneficary?


What happens with a deceased family members tax refund?

The tax refund will have to be deposited into the Estate of the taxpayers account and used to pay debts of the estate. It will then be disbursed according to the taxpayers will or the laws of the State if no will exists. The Administrator or Executor of the Estate will need to sign the check and deposit it in the proper account.


What happens if the father is not listed on the birth certificate?

Nothing happens


What does high yield certificates of deposit do to a savings account?

High yield certificates of deposit on saving accounts work very similar to regular savings accounts, except they offer a high return on your deposit. This happens because you are allowing the bank to invest a portion of your money, for a set period of time, any way the bank wishes. The bank guarantees your money with an insured certificate.


What happens to the winnings of a deceased Massachusetts lottery winner?

In some states the money will go the estate of the deceased winner.


What happens to your money if you forfeit a deposit?

There will be no money in the account


What happens if a surviving step-mother refuses to give assets to the children of the deceased as decreed in the deceased's will?

She is interfering with the distribution of the estate. She can be sued.


What happens if you deposit an old check?

If you deposit an old check, the bank may not accept it and could potentially return it as "stale-dated" or "expired." It's important to deposit checks promptly to avoid this issue.


What happens if you have a car that was hidden for 8 years out of state and the loan is in a deceased parent's name?

The estate of the deceased parent is responsible for the debt. The leinholder gets the car.