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You should ask the attorney why the request has been made. Although the account is not a probate asset and it now belongs to you alone, the balance at the time of death may need to be reported on an estate tax return. I would only supply a copy of the last statement before the time of death unless the attorney requests additional information.
What else can I help you with?
Who are financial statements prepares for?
financial statements are prepared by accountants to submit to the government for taxation purposes.
Is a joint checking or savings account considered part of an estate?
No. Ownership of a a joint account passes automatically to the surviving joint owner unless it can be proven that the account was set up as joint for purposes of convenience only by the decedent.
What was the scandal in Kentucky involving Lester Burns the attorney?
The scandal involving Attorney Lester Burns was that he converted client money to his own purposes. When ordered to pay back the money, he gave false statements as to why he could not pay it back in full. He was forbidden to practice law. To read more visit the Related Link.
How long should I keep brokerage statements for?
You should keep brokerage statements for at least seven years for tax and record-keeping purposes.
How long should utility bill statements be kept for?
Utility bill statements should be kept for at least one year for record-keeping purposes and to compare usage patterns.
How often do publicly traded corporations typically prepare financial statements for external reporting purposes?
quartwly
What does electrcity do?
Electricity is a basic need for surviving. We can never think without it lives.It has been used for many purposes in our daily routine.
Does the power of attorney have the right to use living parents money?
For their own purposes- absolutely not. That would be stealing.For their own purposes- absolutely not. That would be stealing.For their own purposes- absolutely not. That would be stealing.For their own purposes- absolutely not. That would be stealing.
For GAAP purposes may combined financial statements be issued for affiliated companies which have different reporting periods for tax purposes?
I think its to make persons in a organization aware of certain changes.
Which bit is an extera bit attached to byte purposes of checking for accuracy?
It's called a parity bit.
Is attorney general an adjective?
No, it is a compound noun for an official position. Attorney is a noun. The word general could, otherwise, be either an adjective (for general purposes), or a noun (an officer rank, which is likely the basis for the names attorney general and postmaster general.
Is it possible for me to leave a hotel without formally checking out?
Yes, it is possible to leave a hotel without formally checking out, but it is generally recommended to inform the hotel staff for security and billing purposes.
