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Financial Planning / Tax Strategies
|Subject: Re: 1099 R overstated||Date: 5/20/2010 7:54 AM|
|Author: TMFPMarti||Number: 110468 of 119697|
I'm just starting on the tax return for a client who pretty much shut down after his mother died. His 2007 tax return. He became very depressed and has taken almost three years to recover to the point of being functional again.
That's a bit unusual, I'm sure.
Not as unusual as I wish.
Greetings from Kansas, where I appear in court today to get approval to administer the estate of a childhood friend who died April 6. He broke the longstanding family tradition of DIY estate planning and actually had a will. His forebears relied on joint tenancies and TOD accounts. His aunt died in February 2009 and everything went to him and his mother. His mother died Thanksgiving Day and everything went to him. His father died in 1999.
Armed with my letters testimentary the next stop will be Vital Statistics to get some copies of his father's death certificate. Why? Because his father's name is still on the house and several accounts. And my absolute favorite is the two 2009 1099-R's in his father's name and SSN. God alone knows what I'll find when I turn that rock over.
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