What is the name of your state? South Carolina
Dad died in September. No will. He left stocks, bonds, real estate to family mem
bers as JTROS. Mom's part of her JTROS assets need to go to children in order to
maximize Dad's estate tax exemption. Otherwise it becomes part of Mom's estate
and makes her future estate tax situation costly. So I have two questions. 1) Is
%50 the proper portion of all JTROS assets to include in Dad's estate? 2) Can M
om disclaim her JTROS assets? Any other enlightenment is greatly appreciated. th
anks.
Dad died in September. No will. He left stocks, bonds, real estate to family mem
bers as JTROS. Mom's part of her JTROS assets need to go to children in order to
maximize Dad's estate tax exemption. Otherwise it becomes part of Mom's estate
and makes her future estate tax situation costly. So I have two questions. 1) Is
%50 the proper portion of all JTROS assets to include in Dad's estate? 2) Can M
om disclaim her JTROS assets? Any other enlightenment is greatly appreciated. th
anks.