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Asked in OH May 26, 2022 ,  0 answers Visitors: 4

Fiduciary's Account

Uncontested will as all went to my mother. Can money that Mom gave to the children in memory of Dad be listed as ''gifted'' disbursment?

All done in 2007.

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1 Answers

Anonymous
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Posted on / Jan. 02, 2008 13:45:00

Re: Fiduciary's Account

Once the money is distributed to your mother, she can do whatever she wants with the money, subject to gift tax reporting requirements based on the amount.

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