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Reply to "unclaimed property check"
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[quote=Anonymous]You need an estate account to ensure that executor transactions aren't confused with the personal transactions of the executor. However, at this point, with the estate closed, who would be auditing any of the transactions? Is some beneficiary going to come forward for their share of the $2000? Is the IRS going to come looking for estate income tax on $2000? It would be different if this were $2 million check. It isn't.[/quote]
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