justugh
Well-Known Member
hello
ok i finally sat down and started doing the paperwork here
well i found out that he had 373k in life insurance .....the stocks bonds and ira accounts i still do not know plus i do not know the value of the house
brother is thinking dad got it priced out during the low end of the bubble so the value of it would be less then really worth for tax reason ( yes my dad was a sneak ass bastard like that)
my older brother and i are both on board for a 50/50 split of everything (if stephen was here it be 1/3 each way)
i do not know what to do next ......i know i need to report the will to the court system so they do the official notice for all creditors and everything to ask for something from the state ( we owe nothing how my family rolls if we have a debt we pay it off as fast as possible.......hell the house is ours paid off in 2006 when he has it checked out for tax reason)
has anyone else dealt with this .....do u have any advice to keep as much of the money safe and away from taxes and all that stuff
someone told me about taken the money and directly investing into a biz would keep them from taxing it as i never really had it it was directly put into a biz (i got no interest on the money they can not tax me)
ok i finally sat down and started doing the paperwork here
well i found out that he had 373k in life insurance .....the stocks bonds and ira accounts i still do not know plus i do not know the value of the house
brother is thinking dad got it priced out during the low end of the bubble so the value of it would be less then really worth for tax reason ( yes my dad was a sneak ass bastard like that)
my older brother and i are both on board for a 50/50 split of everything (if stephen was here it be 1/3 each way)
i do not know what to do next ......i know i need to report the will to the court system so they do the official notice for all creditors and everything to ask for something from the state ( we owe nothing how my family rolls if we have a debt we pay it off as fast as possible.......hell the house is ours paid off in 2006 when he has it checked out for tax reason)
has anyone else dealt with this .....do u have any advice to keep as much of the money safe and away from taxes and all that stuff
someone told me about taken the money and directly investing into a biz would keep them from taxing it as i never really had it it was directly put into a biz (i got no interest on the money they can not tax me)
