H
Howard L. Johnson
Guest
My father died about five years ago. The estate was rather small, maybe around, 50,000? My older brother was the administrator of the estate. I have not seen a will, I have no idea what the estate was comprised of or its value, but I did receive a check from the estate in the amount of about $18000.00. The problem is that recently, in January of 2001 some mail was delivered to me from the new owner of my father's house which reveals there is still some stock outstanding in my father's name. I find it difficult to believe that my brother was not aware of this as the adminstrator of the estate since annual dividends, form 1099-B, must have been delivered to him during the last five years since the death of my father.
Q. Is an administrator required to issue an itemized accounting to the beneficiary of the estate and its distribution?
What recourses do I have?
I don't know for sure but I suspect the value of these three stocks that remain in my father's name may be around $3000.00. My brother is 85 and in ill health. What rights do I have as a son if my brother expires before this matter is settled. He has two daughters and some grandchildren. One grandson is a vice president of a bank in Michigan and I suspect he is handling my brother'd affairs, though the grandson is not a lawyer.
What are the tax consequencs for a beneficiary on money recieved fom an estate?
I seek this information only for my own edification. I am not as interested in the money as I am in my brothers integrity and honesty. If I confront him with this information, it will be for the purpose of trying to help him and help him to learn that his handling of the estate is not good for him.
Howard L. johnson
[email protected]
Q. Is an administrator required to issue an itemized accounting to the beneficiary of the estate and its distribution?
What recourses do I have?
I don't know for sure but I suspect the value of these three stocks that remain in my father's name may be around $3000.00. My brother is 85 and in ill health. What rights do I have as a son if my brother expires before this matter is settled. He has two daughters and some grandchildren. One grandson is a vice president of a bank in Michigan and I suspect he is handling my brother'd affairs, though the grandson is not a lawyer.
What are the tax consequencs for a beneficiary on money recieved fom an estate?
I seek this information only for my own edification. I am not as interested in the money as I am in my brothers integrity and honesty. If I confront him with this information, it will be for the purpose of trying to help him and help him to learn that his handling of the estate is not good for him.
Howard L. johnson
[email protected]