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[quote=Anonymous]MIL died over a year ago and dh is just finishing up her affairs now. OP, be careful about unanticipated taxes. Dh was beneficiary or payable on death (don't remember details) of one of MIL's investments and he had to pay taxes on profit she made off it. When my mom died and I inherited funds from the grandchildren's trust that my grandfather set up to benefit my mom, I had to pay taxes on the profit from stock bought decades ago because the trust was in my and my siblings' names but just controlled by my mom. Don't remember the exact details, anyway, but I did have to pay out a boatload in taxes. Hopefully your father won't be surprised by that. [/quote]
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