determine assets at time of death

Financial Planning - Financial planning in general. (Moderated) 

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Subject Author Date determine assets at time of death Brian Tierney 02-27-2008  Re: determine assets at time of death Dave Dodson 02-27-2008  Re: determine assets at time of death HW \"Skip\" Wel... 02-27-2008  Re: determine assets at time of death rick++ 02-27-2008  Re: determine assets at time of death Otis 02-28-2008  Re: determine assets at time of death kastnna 02-28-2008
Posted by kastnna on February 28, 2008, 9:54 am > Also, you mentioned life insurance. The only way life insurance becomes part > of the estate, and therefore under the control of the executor, is if the > estate was named as the beneficiary, or if no one was named as beneficiary. > Otherwise it just goes to the named beneficiary and is not part of the > estate. Remember, life insurance is free from income taxation, not estate taxation. While it may avoid probate by having a named beneficiary, it will still be included in the estate tax liability calculation (barring trust ownership, et cetera). Getting your hands on the estate tax return would at least aid in discovering the sum of the assets. -------------------------------------- Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to keep the conversations on-topic for financial planning. Other posting guidelines include a request for brevity and another for trimming posts to which we respond. For all of the other tips and suggestions, see "FROM THE MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the Newsgroup. Similar Threads Posted CPP death benefit February 16, 2007, 5:00 am upon death - what happens to your accounts August 30, 2008, 5:52 am How do they determine the price and its changes? January 15, 2008, 8:27 am Purchasing Non-US Exchange Traded Assets December 15, 2006, 4:59 am How to determine tax bracket, AGI or gross salary? January 13, 2007, 3:00 pm "Transfer On Death" and Mutual Fund Holdings February 15, 2008, 5:15 am college assets - FAFSA - parent vs student January 15, 2007, 12:31 pm how to protect retirement assets during bear markets April 16, 2007, 8:34 am whether to buy a tax time IRA April 6, 2007, 5:03 am one-time IRA to HSA April 28, 2007, 2:10 pm