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What else can I help you with?
Can an adult child be an executor and a beneficiary?
An adult child can be the executor. They can also be a beneficiary. They are required to be impartial when distributing the estate.
Can a beneficiary give up his shares in an irrevocable trust?
Yes, a beneficiary is not required to receive anything they don't want.
What is required to refinance a mortgage for a manufactured home?
First, proof of ownership would be required. The owner should then discuss with the financial institution would what be involved with refinancing the mortgage and whether or not it is possible on the manufactured home.
How can you find if you are a beneficiary of a will?
If the person has died, if you are beneficiary, the executor is required to notify you. If they are still alive, the only way is to ask them. There is no requirement that they tell you!
A relative died living you the beneficary but you are not sure what insurance company how do you find out?
You may be the beneficiary of the will and there may not be any insurance. If you were named on an insurance policy, the insurance company will find you. They have your name and probably your address, both of which are required to name you as the beneficiary. Also contact the executor of the will, as they may have records on the policies involved.
What information are not applicants required to provide?
social security number
Beneficiary Required Minimum Distribution (RMD)?
Beneficiary Required Minimum Distribution (RMD) When you are the beneficiary of a retirement plan, specific IRS rules regulate the minimum withdrawals you must take. If you want to simply take your inherited money right now and pay taxes, you can. But if you want to defer taxes as long as possible, there are certain distribution requirements with which you must comply. Use this calculator to determine your Required Minimum Distributions (RMD) as a beneficiary of a retirement account.
What information are job applicants not required to provide?
social security number
What other documentation or qualifications are required of applicants?
There so many other documentation or qualifications that are required of applicants. These includes any tertiary certificates that one has obtained in their learning and even achievement documentations that are relevant.
Can merrill lynch distibute funds to someone other than beneficiary named?
Merrill Lynch, like other financial institutions, is generally required to distribute funds according to the terms outlined in the account holder's estate plan or beneficiary designation. If a beneficiary is explicitly named, the institution typically cannot distribute funds to anyone else without legal authority, such as a court order or a change in the beneficiary designation. It’s advisable for the involved parties to consult legal counsel for specific situations.
Is a power of attorney required to disclaim an inheritance?
No. The beneficiary who wants to disclaim an inheritance should contact the attorney who is handling the estate for the proper way to waive their rights in the estate. It may be more complicated if real estate is involved.
What strike involved the manufacture of railroad cars in Chicago Illinois?
The Pullman Strike, after which the Illinois Supreme Court required George Pullman to end his ownership of the "company town" of Pullman, Illinois.
