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    LADYTRUCKER6385's Avatar
    LADYTRUCKER6385 Posts: 1, Reputation: 1
    New Member
     
    #1

    Aug 25, 2009, 02:09 PM
    What are steps to set up and Estate for my son?
    My son passed away 2005 now an insurance company has a check and as parents /next of kin , want us to set up an estate so they can reissue check to us... we are on low imcome and don't have a lot of money... and have no idea where to start... ty
    cdad's Avatar
    cdad Posts: 12,700, Reputation: 1438
    Internet Research Expert
     
    #2

    Aug 25, 2009, 02:13 PM

    You will want to consult a professional in your area for how its best to proceed. Are they wanting to write this check to him ? Im only asking because the amount of it may make a difference as to what type of taxes apply. In this case it would be estate taxes. Why can't they send it directly to you ?

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