I never understood his Mother at the best of times. his parents have no money to speak of I have no interest in taking it, just something about it seems wrong.
No bank would handle such a cheque if not lodged to account of the joint payees.Is it possible the cheque is made out to your in laws, say Paddy & Biddy Murphy, but Biddy wants the cash without Paddy knowing
My mum has one of these policies for myself ( & each of my siblings ). The policy is in my name, opened originally by my mum, so any monies from that policy would be issued to the person named on the policy - not the person who opened the policy.
I guess your concern Clara, is the fact that €10K+ is moving through your accounts which may set some flags off somewhere in relation to tax?
There should be no issue of concern re moving the money into your husband's account or your joint account. Explanation seems fine and funds would be effectively belonging to your MIL. Name on cheque is not an issue to be concerned about in this instance unless you suspect that your MIL is not being honest with you!!!do you think its ok to move money through accounts?
No bank would handle such a cheque if not lodged to account of the joint payees.
There should be no issue of concern re moving the money into your husband's account or your joint account. Explanation seems fine and funds would be effectively belonging to your MIL. Name on cheque is not an issue to be concerned about in this instance unless you suspect that your MIL is not being honest with you!!!
I would be pretty peeved off if a policy meant for me went to my sibling instead
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