Pilot2013
Full time employment: Posting here.
My FIL passed away in October this year. He was widowed. In doing his taxes, it appears since he was widowed (first year that he was), he files Single, and his taxes went up and has an amount owed of $794. Here are the details for him:
Home has been in irrevocable trust since 2002 (so he does not have real estate)
Did not own a vehicle (he was 91 and therefore not driving)
Had minimal funds in bank ($3k to $5k) and his VA Insurance had a beneficiary, so was not to his estate.
Funeral expenses were more than his bank accounts, so we foot the extra costs.
Basically, his only items of value are his household belongs, not worth much.
Anyone have suggestions on what needs to be done?
Home has been in irrevocable trust since 2002 (so he does not have real estate)
Did not own a vehicle (he was 91 and therefore not driving)
Had minimal funds in bank ($3k to $5k) and his VA Insurance had a beneficiary, so was not to his estate.
Funeral expenses were more than his bank accounts, so we foot the extra costs.
Basically, his only items of value are his household belongs, not worth much.
Anyone have suggestions on what needs to be done?