WebSep 15, 2024 · The short answer is that yes, you can claim money from deceased relatives. ... it’s possible that parents could take out life insurance policies without informing their … WebNov 16, 2011 · Items that are in the surviving spouse's name he or she has ownership as to the percentage of ownership and may be entitled to a precentage of the the deceased's spouse's interests in the items. If you have title to the home (as opposed to the mortgage) you have an ownership right to the home and the cars that you have written about in your …

Would my live-in partner have rights to my home if we broke up?

WebSep 6, 2024 · Answer. Federal tax law is what determines who may claim a child as a dependent on a federal income tax return. Even if a state court order allocates the ability … WebMar 30, 2016 · If, however, the Will left the property specifically to the children by name, then the inheritance is not considered a "class gift". That means the deceased sibling's share would go to their children (or, if there were no children it would pass as per the terms of the residuary clause in the Will). cspsmetals.com

Dependents 7 Internal Revenue Service - IRS

WebNov 16, 2012 · Generally speaking, YES, children of a deceased sibling would inherit the share that their parent would have. You have a complicated situation however, made more complicated by the interference of non-parties. This should be reviewed by an attorney, as my colleagues have suggested. WebFeb 3, 2024 · The child tax credit can be claimed by custodial parents for one or more dependent children. The American Rescue Plan increased the credit amount to up to … WebMay 31, 2024 · May 31, 2024 4:55 PM. No, he can not claim himself. The question that he has to answer on his tax return is can he be claimed on someone elses return, and the true answer is yes. - You cannot claim any dependents if you, or your spouse if filing jointly, could be claimed as a dependent by another taxpayer. eamhc