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Get your taxes done using TurboTax
@SDun12 wrote:
If the assets were liquidated after her death and then deposited in the POD account, those assets weren't handled properly (unless they were also POD).
The above-quoted sentence is absolutely true and accurate; proceeds deposited in the POD account were not handled properly and need to be unwound.
Actually, the assets that were liquidated (which were most likely covered by the will) were part of her estate. As @SDun12 indicated, you should consult with a local estates and trusts attorney at this point.
March 29, 2022
8:01 AM
879 Views