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Posted: 8/11/2015 5:17:32 PM EDT
[#1]
I believe all you need is a copy of the will to give to the disbursing person in charge of the account. Just went through it and decided what to do with it a year and a half after Dad passed. 2 others already decided and one still has their share awaiting their decision.
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Posted: 8/11/2015 6:13:43 PM EDT
[#2]
It is not an estate asset, it is an account with named beneficiary's.
Its the bank sitting on things. J |
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Posted: 8/25/2015 11:54:04 PM EDT
[#3]
if they have a death cert, make an apt and get your share.
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Posted: 8/27/2015 5:46:45 PM EDT
[#4]
Quote HistoryQuoted:
if they have a death cert, make an apt and get your share. 1500 miles away  Next time I am in FL I will if I don't get it before then
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Posted: 8/28/2015 9:01:11 AM EDT
[#5]
Quote HistoryQuoted:
1500 miles away Next time I am in FL I will if I don't get it before thenQuote HistoryQuoted:
Quoted:
if they have a death cert, make an apt and get your share. 1500 miles away Next time I am in FL I will if I don't get it before thenThat will make dropping by the office after work tricky
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Posted: 9/8/2015 9:42:50 PM EDT
[#6]
The IRA becomes yours upon death. You can handle this by mail. Just provide the (bank) with your instructions and ID.. There are penalties for NOT taking a distribution if the original owner would have been over 70 (i think). Call the bank.
BTW; do not roll this into your existing IRA. Tax issues and all. |
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Posted: 9/12/2015 1:58:15 PM EDT
[#7]
Quote HistoryQuoted:
The IRA becomes yours upon death. You can handle this by mail. Just provide the (bank) with your instructions and ID.. There are penalties for NOT taking a distribution if the original owner would have been over 70 (i think). Call the bank. BTW; do not roll this into your existing IRA. Tax issues and all. Did all that already. They said they were waiting on my brothers response. Got the feeling they didnt want it half done or something. It would be subject to minimum distributions and this part of it is small enough I am just going to cash it out. |
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Posted: 9/15/2015 5:43:20 PM EDT
[#8]
Quote HistoryQuoted:
Did all that already. They said they were waiting on my brothers response. Got the feeling they didnt want it half done or something. It would be subject to minimum distributions and this part of it is small enough I am just going to cash it out. Quote HistoryQuoted:
Quoted:
The IRA becomes yours upon death. You can handle this by mail. Just provide the (bank) with your instructions and ID.. There are penalties for NOT taking a distribution if the original owner would have been over 70 (i think). Call the bank. BTW; do not roll this into your existing IRA. Tax issues and all. Did all that already. They said they were waiting on my brothers response. Got the feeling they didnt want it half done or something. It would be subject to minimum distributions and this part of it is small enough I am just going to cash it out. how much? just remember it's added to your earn earned income. (THIS IS NOT ADVICE) |
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Posted: 9/16/2015 12:58:44 PM EDT
[#9]
If you turned in everything and requested that the funds be transferred then file a complaint with the institutions regulatory organization (FDIC, SEC, etc.).
Failure to release the funds as requested upon death when claimed amounts to theft. |
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Posted: 9/16/2015 3:27:59 PM EDT
[#10]
Quote HistoryQuoted:
If you turned in everything and requested that the funds be transferred then file a complaint with the institutions regulatory organization (FDIC, SEC, etc.). Failure to release the funds as requested upon death when claimed amounts to theft. FINRA is the org you are looking for. |
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