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Should adult child of a deceased parent transfer savings account to the living parent?
Wiki User
∙ 13y ago
This is a difficult question to answer without knowing more information.
Were you the Executor of the deceased's parent estate?
Was the will probated?
Who's name (or names) was the account in?
Were the assets in the account addressed in the will?
Is this question asking for a 'legal" opinion, OR,
is it asking for an 'ethical' opinion?
The above, while admittedly NOT a direct answer to the question, should give the questioner some "food for thought."
Wiki User
∙ 13y ago
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How many days does it take to transfer 11.5 million dollars into a savings account?
It depends on what type of transfer you are trying to do. If it is online the transfer should go through immediately.
In Minnesota what happens to a child's savings account for college in a divorce?
In Minnesota, a divorce should not affect a child's savings account for college in a divorce.
A child should have their own savings account starting at a young age. ?
A child should have their own savings account starting at a young age.
Should a person have a savings account for college?
Yes, a person should have a savings account for college. If you do not qualify for a scholarship you will need the funds to pay for your tuition and books.
If a leander can debit from a savings account can a person use there savings?
i think it should be consiterd
What do you do with savings bonds that you inherit that are in the deceased parties name?
The executor of the estate should be able to apply to cash the savings bond in and provide the money to you.
Is a savings account worth the trouble?
A savings account should be a vital part of everyones financial planning. It is good to have separate savings and checking accounts to better prepare for your future.
How do you open an online savings account?
Begin your new online savings account at the bank of your choice, online of course! You should be looking for a savings account with the highest interest rate you can find so you get the greatest return possible for your money. The process should be very easy, you can do it!
Why should a company open a business savings account?
A company open a business savings account because it makes transaction and payment much easier. You can read more at www.citibank.com/savings
What should you think of your savings account as?
money not put to use.
Does the IRS tax you on your checking account savings without interest?
No. You should only be taxed on income, not on your savings.
What do you do with utility bills in the name of a deceased spouse or parent?
Such bills should be turned over to the executor of the estate. They should pay legitimate bills and either close the account, or transfer it to the estate or the heir that will be taking over the property.
