Questions tagged [death]
Questions related to end of life situations and how personal finance is involved.
64 questions
4
votes
1
answer
1k
views
2024 IRS Filing for Deceased Spouse
IRS Interactive Tax Assistance tells how the Surviving Spouse can file joint return
Surviving Spouse is filing paper return and is due a refund.
IRS says (I took screenshot of PDF since I am unable to ...
- 439
0
votes
2
answers
145
views
TOD affidavit and Estate in Ohio
My son recently passed away, 1&1/2 years before his death he remarried, he was in an advanced cancer state, and she knowingly married him. While home, under Hospice supervision, the wife had my ...
- 1
1
vote
1
answer
268
views
Recently my mother died - how to handle her living trust account - Does the date of trust formation change?
A few months ago, my mother died. She had a living revocable trust which reported its income to the IRS under her social security number. When she died the trust became irrevocable and I went to the ...
- 2,366
12
votes
1
answer
2k
views
GE historic stock price on DOD changed
My father owned GE stock and he died in November. In late November, for my appointment with the probate court, I looked up the closing stock price for the day he died. Unfortunately I downloaded the ...
- 121
31
votes
3
answers
10k
views
How can I deal with a legitimate check received that is made out to my deceased wife's name?
My wife passed away on the 17th of November 2022. I just sold her car to Carvana. When I got home I noticed the check was made out to my wife ($4,000). We did not have a joint bank account. I do my ...
- 311
1
vote
0
answers
144
views
Is there any compensation or financial aid for essential workers who died from COVID-19?
My mom was an essential worker (production plant) and contracted COVID-19 in July 2020 and died from it in August 2020. Her work required symptomatic people with no PTO to report to work or be ...
- 11
0
votes
1
answer
620
views
Taxes on "Joint Tenants with Rights of Survivorship" stock brokerage account upon death of non-resident alien
Suppose two US non-resident aliens (parent and grown child) open a "Joint Tenants with Rights of Survivorship" stock brokerage account. When one of the account owners dies, does the other ...
- 17.4k
0
votes
1
answer
163
views
Cosigner is deceased, is spouse automatically put on mortgage [closed]
My father passed away in 2014. My original bank sold my mortgage to another bank. The new bank put my mother's name on my mortgage statement. What does that mean for both of us? I did fill out a quit ...
- 1
1
vote
1
answer
522
views
Transferring deceased owners IRA to my inherited IRA
I am liquidating a deceased owners IRA (I am executor).
I have opened an Inherited IRA at another institution.
Institution1 has to sell the stocks, open an Inherited IRA for me. I have to initiate ...
- 11
4
votes
2
answers
1k
views
Is property with a transfer-on-death deed on it part of "the estate"?
My parents, in Colorado, would like my sister and I to be able to avoid probate when they pass away. They have a home (mortgage still in the process of being paid off) but not much in the way of other ...
- 227
4
votes
0
answers
184
views
Prepaid funeral expenses 15 years ago, with 3.6% interest, should estate get some money back?
My wife and I are executors of the estate of a recently deceased neighbor with no family. She had very little. She had prepaid for her funeral, which of course was very small during the current ...
- 319
0
votes
1
answer
204
views
Brokerage in US Bank Won't Print TOD name on Monthly Statement
I am in USA and have Brokerage account with Bank. When I opened account, I said who it should Transfer On Death (TOD).
When I get monthly statement, it said "TOD ", but it does not print ...
- 439
2
votes
1
answer
328
views
is estate responsible for debt co-signed by decedent for car loan if car repo'ed AFTER the death?
My mother co-signed car loan for her grandson. Car was repo'ed 7/11/20. As executor of her estate ( she passed in 5/20), I received notice that the car would be sold on 7/29/20. I did not receive that ...
- 21
8
votes
2
answers
401
views
Death checklist
A relative of mine is in declining health and his wife fears he may die in the next few weeks.
I would like to give him a checklist of things he needs to write down. Something a bit more detailed ...
- 559
40
votes
2
answers
5k
views
How close is the fate of Berkshire Hathaway tied to Warren Buffett?
We all are humans. Humans are mortal, and so is Warren Buffett. Given that he is an elderly man close to 90, it is quite likely that he will pass away in the next few years.
Sad events like these ...
- 5,491