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Should adult child of a deceased parent transfer savings account to the living parent?
This is a difficult question to answer without knowing more information.
Were you the Executor of the deceased's parent estate?
Was the will probated?
Who's name (or names) was the account in?
Were the assets in the account addressed in the will?
Is this question asking for a 'legal" opinion, OR,
is it asking for an 'ethical' opinion?
The above, while admittedly NOT a direct answer to the question, should give the questioner some "food for thought."
What else can I help you with?
How many days does it take to transfer 11.5 million dollars into a savings account?
It depends on what type of transfer you are trying to do. If it is online the transfer should go through immediately.
In Minnesota what happens to a child's savings account for college in a divorce?
In Minnesota, a divorce should not affect a child's savings account for college in a divorce.
Where should my paycheck be deposited, into my checking account or savings account?
Your paycheck should typically be deposited into your checking account, as it is designed for everyday expenses and easy access to your money. Your savings account is better suited for long-term savings goals and should be used to build up your savings over time.
A child should have their own savings account starting at a young age. ?
A child should have their own savings account starting at a young age.
Should a person have a savings account for college?
Yes, a person should have a savings account for college. If you do not qualify for a scholarship you will need the funds to pay for your tuition and books.
If a leander can debit from a savings account can a person use there savings?
i think it should be consiterd
Is it illegal to keep utility service on in a deceased parents name?
It is illegal to keep utility services on in a deceased parent's name. You should contact the utility company to transfer the account into your name or close the account if necessary. Failure to do so could result in legal consequences.
What do you do with savings bonds that you inherit that are in the deceased parties name?
The executor of the estate should be able to apply to cash the savings bond in and provide the money to you.
Is a savings account worth the trouble?
A savings account should be a vital part of everyones financial planning. It is good to have separate savings and checking accounts to better prepare for your future.
How do you open an online savings account?
Begin your new online savings account at the bank of your choice, online of course! You should be looking for a savings account with the highest interest rate you can find so you get the greatest return possible for your money. The process should be very easy, you can do it!
Why should a company open a business savings account?
A company open a business savings account because it makes transaction and payment much easier. You can read more at www.citibank.com/savings
What should you think of your savings account as?
money not put to use.
