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re: things you really should have known about... but did not
Posted on 2/28/22 at 9:05 pm to GreatLakesTiger24
Posted on 2/28/22 at 9:05 pm to GreatLakesTiger24
If you get added to an elderly relatives checking account to take care of things easily when they pass, it subjects the relative to Gift Tax rules and filings.
6
Posted on 2/28/22 at 10:57 pm to Bullfrog
quote:
If you get added to an elderly relatives checking account to take care of things easily when they pass, it subjects the relative to Gift Tax rules and filings.
I'm on my parents' accounts and they've not had to do any of that.
Posted on 2/28/22 at 10:57 pm to Bullfrog
quote:
If you get added to an elderly relatives checking account to take care of things easily when they pass, it subjects the relative to Gift Tax rules and filings.
Posted on 2/28/22 at 10:59 pm to Bullfrog
quote:
If you get added to an elderly relatives checking account to take care of things easily when they pass, it subjects the relative to Gift Tax rules and filings.
How much money was in this fricking checking account?
Posted on 3/1/22 at 7:22 am to Bullfrog
quote:
If you get added to an elderly relatives checking account to take care of things easily when they pass, it subjects the relative to Gift Tax rules and filings.
I'll admit that I am not money-savvy. Is this a good or a bad thing?
Posted on 3/1/22 at 7:26 am to Bullfrog
quote:
you get added to an elderly relatives checking account to take care of things easily when they pass, it subjects the relative to Gift Tax rules and filings.
That’s some fricking bullshite
Posted on 3/1/22 at 9:15 am to Bullfrog
quote:
If you get added to an elderly relatives checking account to take care of things easily when they pass, it subjects the relative to Gift Tax rules and filings.
So what do you do? Get power of attorney? I'm getting into this situation.
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