Can You Name Multiple Beneficiaries On An IRA?

Can You Name Multiple Beneficiaries On An IRA? Can you name multiple beneficiaries on an IRA? You can, and usually should, name both primary and contingent beneficiaries for your IRA. If you name multiple primary or contingent beneficiaries, you should indicate how much of your IRA each beneficiary should receive. As an account owner you

Can You Name Beneficiaries On An Inherited IRA?

Can You Name Beneficiaries On An Inherited IRA? Can you name beneficiaries on an inherited IRA? After inheriting an IRA, a beneficiary’s naming of their own beneficiary or beneficiaries is just as important for non-spouses (and spouses) as it was for the original owner of the account. What are the rules for inheriting an inherited

Does Next Of Kin Have To Be A Blood Relative?

Does Next Of Kin Have To Be A Blood Relative? Does next of kin have to be a blood relative? A person’s next of kin is their closest living blood relative, including spouses and adopted family members. Does a beneficiary have to be a blood relative? Thus, while heirs can be beneficiaries, without a familial

Do Medicare Benefits Have To Be Repaid After Death?

Do Medicare Benefits Have To Be Repaid After Death? The Medi-Cal program must seek repayment from the estates of certain deceased Medi-Cal members. Repayment only applies to benefits received by these members on or after their 55th birthday and who own assets at the time of death. If a deceased member owns nothing when they

Can Beneficiaries Claim Expenses For Maintenance Of Estate Assets California?

Can Beneficiaries Claim Expenses For Maintenance Of Estate Assets California? The role can be onerous and time-consuming as well as involve numerous expenses. Dealing with the administration of an estate can be complex. An executor cannot claim for the time they have incurred; however they are entitled to be reimbursed for the reasonable costs of

Can An Executor Repair Property Of The Estate?

Can An Executor Repair Property Of The Estate? Real estate generally passes to a beneficiary upon probate, subject only to the executor’s authority to use assets to pay claims or debts against the estate. If no part of the house’s value is needed to pay estate debts, the executor may be unable to justify repairs

Can An Employee Of A Beneficiary Be A Health Care?

Can An Employee Of A Beneficiary Be A Health Care? You can select anyone, related or unrelated, other than your employer as your beneficiary(ies), including a trust or a charity organization if preferred. What does beneficiary mean in healthcare? A beneficiary is a person who receives benefits. If you are a member of a health