Joint Bank Account Death Tax Question
This is a discussion on Joint Bank Account Death Tax Question within the Tax Issues forum, part of the BUSINESS & FINANCE LAW category; Before I go to a lawyer or a CPA for this, I am trying to consult and learn what I ...
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Sep 29th, 2008, 06:38 PM
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Joint Bank Account Death Tax Question
Before I go to a lawyer or a CPA for this, I am trying to consult and learn what I can online.
I am a financial advisor and while reviewing some of my families things, I found myself without an answer for this situation. I have an aunt whom is very old. Within the last year, she made her brother a joint owner on all of her bank accounts. My question is if she were to pass away, would these accounts be taxable as inheritance or not? thanks in advance. |
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