Archive for April, 2008
Us Savings Bond Beneficiary
April 22nd, 2008
Question: Q about estate disbursement?
My father passed away in October 2007. My Brother in Colorado is the executor. I‘m not sure what the status of his estate is with the Probate Court. (Its in Georgia). My brother is saying that he can’t pay any of us (beneficiaries) anything until the estate is completely settled and after he pays the estate taxes. He says that won’t happen until Feb 2009. But hasn’t really given us a reason other than he has to pay taxes in Feb ‘09
For my personal situation, it would be better if I could get several small disbursements instead of one lump sum in 2009. I really need a disbursement now. Is it legal for him to make disbursements before the entire estate is settled? There is still a house and a boat pending sale, but my brother already has access to my Dad’s checking, savings, stocks /bonds, and such.
Thanks for your response.
Answer: Hi Vicki – know jacks**t about this stuff except my parents’ wealth won’t even meet funeral costs. Just sorry you lost your Dad. Let big brother play it his way. Keep your pride and especially your, hopefully nice, memories of your pop. Tony xxx
(3/10) UltraTrust-Irrevocable Trust, Revocable Trust, Grantor Trust, Trustee, Beneficiary
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US Savings Bonds Tax
April 21st, 2008
Below is some information on US Savings Bonds including Series EE US Savings Bonds, Series I US Savings Bonds, Series HH and H US Savings Bonds.
- Taxes on Series EE Bonds
- A complete overview of EE Series Bonds
- Series EE Savings Bonds – tax free rollover into Educational IRA
- Using Savings Bonds to Fund 529
- Savings Bonds for Education
- How to use Savings Bonds to Fund 529
- Use U. S. Savings Bonds for 529 plan
- Coverdell Education Savings Account
- State Tax Exempt Interests
- Tax Exempt Bonds
- State Income Tax Treatment
- Mutual Funds
- HH Bonds and H Bonds
- I Bonds, Series I Bonds
- Series I Bonds Advantages
- Series I Savings Bonds
Savings Bonds Usaa
April 14th, 2008
Question: How to cash Savings Bonds?
My bank (USAA) will not cash my Savings Bonds. They have matured and I want to cash them in. How do I do this?
these are from the 80’s… so yeah they reached their final maturity date.
Answer: your bank suks then, take your money out and find a new bank.