What is the name of your state (only U.S. law)? NH
Over the years my Dad has been putting money aside in two different accounts for me and my sister. About 40 thousand each. My Mom is still living. If my Dad passes, does this money go to me and my sister or to my Mom? I know by law you are able to give 10 thousand per child per year. This is how he has been doing it. My Mom isn't listed on these accounts.
Over the years my Dad has been putting money aside in two different accounts for me and my sister. About 40 thousand each. My Mom is still living. If my Dad passes, does this money go to me and my sister or to my Mom? I know by law you are able to give 10 thousand per child per year. This is how he has been doing it. My Mom isn't listed on these accounts.