- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: What to do with half mill?
Posted on 4/26/14 at 5:37 pm to GeeOH
Posted on 4/26/14 at 5:37 pm to GeeOH
quote:
Basically, it has a beneficiary so the money spent go thru probate and get taxed heavily.
The primary reason to title/name an account with POD designation is to AVOID probate. The person named as the POD recipient gets a stepped-up basis with no personal income tax or gain implications.
1
Posted on 4/26/14 at 9:46 pm to tirebiter
The guy wants more returns, returns on CDs is shite.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News