Inheritance question?

by SicFux651 Posted 2012/06/24 01:53:09

Related Topics: Money, Government

4 votes
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I got a inheritance that's meant for education, but ive be told that i can take it out and use it for something else but the government gets a cut. The holder will not write the check out Is that illegal since it is my money?

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Mean Mommy 2012/06/28 20:20:38

Heres the answer...

Unforunately the government always have to have their greasy hands in everybody's pocket whether you want them to or not. I am sorry to say you just have to grin and bear it! Our government is out of control and has been for a very long time that is why our U.S is in the situation it is in now....eventually we might end up being communist country (no individual say at all). That would be really sad. Our government STEALS from Americans everyday and not a damn thing we can do!!!

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Mel 2012/06/24 04:44:20 (edited)

Heres the answer...

+1
Here's what you need to do, call H&R; block or some tax place for advice and sit down with them and they will give you the best advice, they will tell you how much tax will be taken out of if you are allowed to cash out on it. Laws differ in states so I wouldn't ask legal advice on here, you may get the wrong info.

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Zuggi 2012/06/24 02:26:43

Undecided

It depends on how it's set up. Is it held in a trust?

p.s. I wouldn't give money to a Juggalo. They'd spend it on Faygo.

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SicFux651 to Zuggi 2012/06/24 02:35:12

its a trust thats all i knwo they wont tell me anything about it..and i wouldnt spend it on faygo. id spend it on moving out.

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