Can the IRS take money that was POD to my grandmother or can it only seize my uncle’s assests?

My uncle passed away 2 years ago He did not file some tax returns and now the IRS is sending notices about filing.

Asked on January 31, 2013 under Estate Planning, South Carolina


Victor Waid / Law Office of Victor Waid

Answered 7 years ago | Contributor

You need to consult an attorney who handles IRS matters and knows the rules of seizure as applied to bank accounts and POD. Seems to me the IRS would not reach the share already received by the grandmother.

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