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Yes, I'm definitely having taxes withheld when I'm liquidating things. Since they are inherited IRAs, I don't have the 10% penalty and some of them will be rolled over to new IRAs. It's all a big headache though because it's not just IRAs either. Some life insurance claims are taxable, some are not. There's an annuity, some life insurance policies and some IRAs, etc. Some liquidated in 2007, some will not liquidate until 2008, some will stay invested for up to 5 years. Some give me the option to choose any percentage of taxes I want withheld, some have set choices. I'm just glad I'm not my brother (the executor of the estate). And then there's the condo that's up for sale but could take a long time to sell (very long time in fact). It's all really hard to predict.
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