Inherited Cash Years Ago But I'm Just Starting To Use It (ca)
A close family member of mine passed in 2020 and left my sister and I their savings in cash. The two of us had always looked at the savings as a source for emergencies only, and so we hardly touched it. Years later, however, we've decided to split the inhertiance and I'm now considering depostinig it in the bank for investments. What would I tell my banker? Would I be questioned for barley brining up the inhertance years after their passing? I feel like it should be find but I wanted to double check.
I'm also a little afraid because my sister and I never counted the inhertance as an asset before we recently split it; we would continue our snap and low-income deal with our apartment with only our individual savings. Considering that we legitimately were low-income (or for the most part making no imcome since we were students most the time), would there be any issues having deposited the inheritance now?
[link] [comments]
