Legal Question in Wills and Trusts in Michigan
T.O.D. Account
does the beneficiary have to claim the proceeds from an account as income on their 1040?
Asked on 2/16/08, 11:13 pm
1 Answer from Attorneys
Stuart Collis
Collis, Griffor & Hendra, PC
Re: T.O.D. Account
Inheritances are tax free transactions.
Answered on 2/17/08, 8:41 pm
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