Suze Orman's Women & Money (And Everyone Smart Enough To Listen) cover image

Ask Suze & KT Anything: Overcome Your Fear of Money

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

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Is There Any Tax Consequences to My Mom's Putting Me as a POD on Their Accounts?

Betty, Susie and Katie are asked about inheriting money. Betty: Are there tax consequences to you if your mom puts her as a POD on their accounts? Susie: I doubt, highly. There's two kinds of taxes. Bette: You're going to have to pay that one way or the other If they leave you more than $12 million.

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