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Can someone collect funds from somebody's inheritance that claims to be representing that individual?
No, not unless the individual who is trying to collect the funds has some document that gives them the legal authority to act for the beneficiary. That document is most often a Power of Attorney. However, if the executor has the slightest doubt as to the authority of the person who is trying to collect the funds, she/he should insist on dealing with the beneficiary directly. Distributing funds to the wrong party would create liability on the part of the court appointed executor. You should consult with the attorney who is handling the estate.
What else can I help you with?
What if you owed your parents money and they die and other children want to collect?
The estate has the right to collect. If there is documentation, they may offset the loan against your inheritance.
How can entertainment be constructive at individual level?
collect information
Why was inheritance tax abolished?
it was hard to collect the tax, so the state followed the feds by repealing the inheritance tax laws and inacting an estate tax. basically the tax was paid by the estate before it was distributed to the heirs
Does Inheritance taxes prevent the rich from controlling too much money?
Inheritance tax is charged to everyone whether they are rich or poor. It is just another way for the government to collect tax, it is not created to penalize the rich in particular.
How does one collect an inheritance?
You need to talk with the executor of the estate. The probate court should be able to assist you in locating who has been appointed as executor.
What collects and analyzes data about inheritance patterns?
Genetic counselors collect and analyze data about inheritance patterns. They use this information to assess the risk of genetic disorders and help individuals and families make informed decisions about genetic testing and family planning.
What gave the federal government authority to collect individual income taxes?
16th amendment
What is the North Carolina inheritance tax rate?
North Carolina does not have an inheritance tax. Inherited assets are not subject to state inheritance tax, although they may still be subject to federal estate tax depending on the total value of the estate.
Can a person on medicare in New York State collect an inheritance without it affecting their medicare status?
Medicare does not "means test" one's income or assets. However, Medicaid does.
How do labor unions contribute to the economy of the US?
strik regulations as to how much a certain individual can collect.
Can a beneficiary that couldn't be found during probate period collect on inheritance after probate closes?
Yes. That beneficiary's portion should have been deposited with the court or in an interest bearing bank account. It should be waiting for him. There are many reasons a beneficiary may not be able to be found at the time of a probate of an estate. That's no reason to squander their inheritance. He would have a cause of action against the executor if his inheritance was not accounted for.
Do you have to be married to collect retirement pension?
No, you do not have to be married to collect a retirement pension. Pension benefits are typically based on an individual's employment history and contributions to a pension plan, not marital status.
