- Power of attorney - 1 Update
| trader4@optonline.net: Nov 09 06:46PM -0800 On Wednesday, November 7, 2018 at 4:11:52 PM UTC-5, John Weiss wrote: > On 11/7/2018 10:54, Beaver_Fever@live.com wrote: > > So if I have like 600k in gross sales (not all profit) and my next of kin can't find or understand my accounting, then the government probably just takes it all? > Nope. Your state probate laws prevail. And if he has a will and executor, then the executor has to make as best sense of it as he can, prepare any tax returns, and disburse the assets per the will. Without a will, the probate court will appoint an executor and like you say, who gets what will follow what is provided for in state law. |
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