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-   -   Do I need to open a new estate account for Mom? (https://www.askmehelpdesk.com/showthread.php?t=165128)

  • Dec 22, 2007, 07:37 PM
    talmadge47
    Do I need to open a new estate account for Mom?
    My father died 9/26/07 and my mother died 10/17/07. I opened up an estate account
    With bother of their names on the account. The IRS assigned me an EIN then recently
    Assigned me another EIN for my mother's estate. Do I need to open up another estate
    Account showing just my mother's name on it since all that my father had was left to
    My mother?
  • Dec 22, 2007, 08:28 PM
    ScottGem
    Yes, being issued a separate EIN, requires a separate account
  • Dec 22, 2007, 10:06 PM
    Fr_Chuck
    Yes, because you will need to show the estate moved over.

    I have to ask about the estate account for your dad since if your mom was still alive, and if everything was owned jointly, there should have been no need for an esate account for him to start with
    That is assuming things were all owned jointl.

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