The estate-settlement tag has no wiki summary.
11
votes
2answers
281 views
Is there a way to disclaim an inheritance and decide who gets the inheritance that you disclaim?
Is there a way to disclaim an inheritance but be able to decide who gets the inheritance that you disclaim?
FYI, we are talking about a non-spousal inherited traditional IRA account. The original ...
9
votes
4answers
363 views
Will says “divide estate equally”. Life insurance has one named beneficiary. Can proceeds be made estate property?
If a parent dies and leaves a will that divides the estate equally, but also leaves a life insurance plan that names only one child as a beneficiary, can the other siblings force the life insurance ...
3
votes
1answer
2k views
By when must an employer send out final payroll tax documents (T4) for a deceased person in Canada?
My wife died in April, 2011, and I am the administrator of her estate.
She worked until the day she died. I have had to submit a tax return for 2010 and will have to do so again for 2011. The ...
5
votes
2answers
113 views
Mother owed previous years federal and state taxes at death and probate is closed. Are her children responsible for paying them?
My Mother died with little or no assets. Her only income was SS which ended upon death. Her estate was probated with no claims against it and is basically insolvent. One of the bills she owed were ...
17
votes
1answer
375 views
Estate with negative net worth
If someone dies with a negative net worth, what happens to the bills and debts that they leave behind? If I am the next of kin, or if I am the estate administrator, am I responsible for the debts?
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6
votes
1answer
407 views
When someone receiving Social Security dies, does the estate have to give back their last “paycheck”?
When someone receiving Social Security in the US dies, I have heard that there are some cases where the estate must return the last payment made by Social Security.
It makes total sense to me that if ...
