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FfxStationHokie

Joined: 02/20/2002 Posts: 33426
Likes: 7391


A few things (inside)


You got a certificate of qualification from the probate office?
Have you setup an estate checking account?
Do you have to do Inventory for Decedent's Estate?

Filing taxes is easy - just fill them out and indicates for deceased. May have to add form 1310. Also will have to give them copy of certificate of qualification.

Unless the IRA is large just get it all out and pay taxes on it - unless large it is not worth rolling over to an inherited IRA.




(In response to this post by Hokie Koooster)

Posted: 08/24/2018 at 2:31PM



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Current Thread:
 
  
Could use some advice... -- Hokie Koooster 08/24/2018 12:52PM
  So very sorry ** -- LaneRat 08/24/2018 2:51PM
  Yeah, I've met with the clerk's office already -- Hokie Koooster 08/24/2018 3:08PM
  A few things (inside) -- FfxStationHokie 08/24/2018 2:31PM
  Yes/yes/yes - IRA is only about $3,500 ** -- Hokie Koooster 08/24/2018 2:35PM
  Good (inside) -- FfxStationHokie 08/24/2018 2:52PM
  I can't imagine. Sorry, Koooster ** -- HokieDiver 08/24/2018 2:23PM
  Got ya ** -- VaTechie 08/24/2018 9:15PM
  Yes. ** -- Hokieesith 08/24/2018 2:29PM
  Who was the beneficiary of the 401k? ** -- CPRVHokie 08/24/2018 2:38PM
  There wasn't one designated ** -- Hokie Koooster 08/24/2018 2:43PM
  Is the insurance payout payable to his estate? ** -- CPRVHokie 08/24/2018 2:56PM
  Looks like you will need to file an estate return. ** -- Hokieesith 08/24/2018 3:14PM
  Aaaaaaand we’re back where we started. ** -- CPRVHokie 08/24/2018 7:00PM
  Kind of. Needs to be done in steps. -- Hokieesith 08/24/2018 8:13PM
  God Bless, hang in there. Two thoughts on help -- RichwebHokie 08/24/2018 2:21PM
  Thanks. Yeah, I live in the 757 - in Poquoson ** -- Hokie Koooster 08/24/2018 1:55PM
  You're a good egg, CPRV. -- s.mill hokie 08/24/2018 2:25PM
  Re: Could use some advice... -- DaveVT 08/24/2018 1:09PM
  @Hokie CPA , can you help answer this question? -- Late 80s Hokie 08/24/2018 12:59PM

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