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Managing an Individual Retirement Account (IKE) and the death of a spouse
I have marital community of property with my wife. In the event of my death, which funds will she have immediate access to and which will be frozen during the probate process: - funds in my bank account - funds in her bank account - funds in a bank account of which we are co-owners - funds in her Individual Pension Account - funds in my Individual Pension Account ?
I have marital community of property with my wife. In the event of my death, which funds will she have immediate access to and which will be frozen during the probate process: - funds in my bank account - funds in her bank account - funds in a bank account of which we are co-owners - funds in her Individual Pension Account - funds in my Individual Pension Account ?
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My wife can use my assets, which are in her bank account. The joint bank account can be frozen along with the assets in my IKE account, which are her IKE account assets.
My wife can use my assets, which are in her bank account. The joint bank account can be frozen along with the assets in my IKE account, which are her IKE account assets.
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In the event of your death, the funds in your bank account will be frozen during the probate process. However, the funds in your wife's bank account may be accessed by her immediately. As for the funds in the bank account that you both own jointly, they will also be frozen until the probate matters are clarified. The funds in your wife's Individual Retirement Account (IRA) can be transferred or withdrawn immediately, as long as they meet all the conditions for exiting the IRA. The funds in your IRA/Individual Pension Account (IKZE) will also be subject to probate proceedings and may be frozen until the inheritance matters are resolved.
In the event of your death, the funds in your bank account will be frozen during the probate process. However, the funds in your wife's bank account may be accessed by her immediately. As for the funds in the bank account that you both own jointly, they will also be frozen until the probate matters are clarified. The funds in your wife's Individual Retirement Account (IRA) can be transferred or withdrawn immediately, as long as they meet all the conditions for exiting the IRA. The funds in your IRA/Individual Pension Account (IKZE) will also be subject to probate proceedings and may be frozen until the inheritance matters are resolved.
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All your individual accounts will be "frozen" until the completion of the inheritance procedure. However, the joint account, as well as the wife's accounts, will be at her disposal.
All your individual accounts will be "frozen" until the completion of the inheritance procedure. However, the joint account, as well as the wife's accounts, will be at her disposal.
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