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To: broken_cookie who wrote (4779)	3/19/1999 2:36:00 PM
From: Mike Devour	Read Replies (1) \| Respond to of 32873

Wow! Thank you kindly, folks. Barb wrote: "This might be a better thread to get more detailed answers: #Subject-5727" That should have been obvious to me. The Taxes and IRS thread! I've got it bookmarked. Thank you Barb. Richard wrote: "I believe that if you choose this option, your designee (wife in this case) would not have to pay inheritance tax in the event of your death. She would also (depending on how you set it up) be able to make account decisions if you were incapacitated but not dead." I think I confused folks by mentioning Joint Tenancy with Rights of Survivorship, as that is separate issue from having a "Co-Account Holder". However, I bet you're correct that she would at least be authorized to close out open positions in the event I was incapacitated. Otherwise, it would probably bust some of their rules. I still have to get through the tax and income reporting issues though, as mentioned. Okay, I've got several leads to follow up before I call my CPA. I really appreciate you all and the couple folks who PM'd me. Abundant good fortune, all. Mike