answersLogoWhite

0

In general, the beneficiaries on the CDs and IRAs control over the will. This because the CD or IRA is an asset which by its own nature becomes the property of the named beneficiary. The asset is not the property of the decedent's and a decedent's will transfers only assets in the decedent's name. On the other hand, the rules might be a bit different when it comes to simple joint bank accounts as opposed to ones that have beneficiary designations. In some states, it is possible to challenge a surviving joint owner taking the account.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

What were the names of Cleopatra's maids?

The two maids that died with Cleopatra were named Iras and Charmion. We don't know the names of any of her other slaves.The two maids that died with Cleopatra were named Iras and Charmion. We don't know the names of any of her other slaves.The two maids that died with Cleopatra were named Iras and Charmion. We don't know the names of any of her other slaves.The two maids that died with Cleopatra were named Iras and Charmion. We don't know the names of any of her other slaves.The two maids that died with Cleopatra were named Iras and Charmion. We don't know the names of any of her other slaves.The two maids that died with Cleopatra were named Iras and Charmion. We don't know the names of any of her other slaves.The two maids that died with Cleopatra were named Iras and Charmion. We don't know the names of any of her other slaves.The two maids that died with Cleopatra were named Iras and Charmion. We don't know the names of any of her other slaves.The two maids that died with Cleopatra were named Iras and Charmion. We don't know the names of any of her other slaves.


What is one of the names of Cleopatra's assistant?

One of Cleopatra's assistats was named Iras.


If a will states that if anyone preceeds you in death their part will be left to their decendents but an annuity says their part goes to the others on the annuity which takes precedence?

Annuity death proceeds do not pass by will or state intestacy laws. Like life insurance, employer-sponsored retirement plans and IRAs, annuities pass to the beneficiaries named. If there is no named beneficiary, then proceeds, at death, will pass to the estate of the owner, (and would then pass by will).


Can the executrix of your parents estate collect her administrative fees plus a fee for an IRA that had named beneficiaries if the probating of the estate has not been concluded?

Certainly. Cost associated with the estate, including fees for maintaining IRAs and the executor's fees are charged against the estate and recorded. There is no requirement to wait until everything is finished to collect the fee.


When were Roth IRAs first introduced?

The Roth IRA was named after Senator William Roth of Delaware. They were introduced in 1998.


Which company provides the information required on how to convert traditional IRAs to Roth IRAs?

One company that provides information for converting traditional IRAs to Roth IRAs is Fidelity. Other websites that offer information for converting traditional IRAs to Roth IRAs include the RothIRA website, as well as websites such as Axa-Equitable and BankRate.


Are IRAs treated differently in wills and or revocable trusts?

First, a trust cannot hold your Individual Retirement Account.IRAs can be left to a beneficiary by will. However, it is better to designate a beneficiary with the entity that holds the IRA. The designated beneficiary could be an individual(s) or a trust. However, the rules regarding IRAs are complex and the rules for designating a trust as the beneficiary are strict. You should consult with an expert in estate planning.


What federal agency regulates IRAs?

erisa?


Is it possible for me to have multiple IRAs?

Yes, it is possible for you to have multiple Individual Retirement Accounts (IRAs).


Can you open multiple IRAs?

Yes, you can open and contribute to multiple Individual Retirement Accounts (IRAs), but the total annual contribution limit applies to all your IRAs combined.


When was J'irai où tu iras created?

J'irai où tu iras was created in 1996.


Is it possible for me to open multiple IRAs?

Yes, it is possible for you to open and contribute to multiple Individual Retirement Accounts (IRAs), but there are annual contribution limits that apply across all your IRAs.