u/jdsmn21

I don't know if this is just a small-town bank being a pain in the ass or what.... but there's about $40K in CDs left to 8 named beneficiaries (the grandkid generation). 6 have completed and submitted the necessary paperwork - two have not, after what feels like endless nagging.

This process has been dragging on for about 8 months now, and those that have completed their part are getting frustrated - they understandably want the money they were told about.

Is there anything else that can be done, or I can do as an executor?

This might be a dumb question, but I see a general recommendation of placing POD/TOD beneficiaries on all accounts. So, when someone dies - who pays for the funeral, estate expenses, attorney, accountant, etc?

Does the executor go back around to the beneficiaries and "pass a hat" to collect?

Is there a better recommendation?

Just curious - I don't know if I have a setting wrong or something. It seems to only affect the r/EstatePlanning sub...

Do comments go into some "limbo" before actually appearing on a post? Is that why I can post/comment, but not see a response for some time?

Just wondering if this would be a good strategy to utilize this capital loss before death. To me, it seems like it would reduce approximately $12-15K of annual income - on top of the $3K that can offset ordinary income.

Thoughts?