Daisy Posted March 11, 2008 Posted March 11, 2008 Have any of your parents needed your SSN for a will or living trust, beneficiary type thing? DH and I are kinda relunctant to give out that information. I just kinda want to know if that is normal before I start forking over my identity. Quote
abbeyej Posted March 11, 2008 Posted March 11, 2008 I can't imagine being reluctant to give my parents my SSN. Of course, they're the ones who *applied* for it and had the original card in their possession for years and years. ;) Quote
j.griff Posted March 11, 2008 Posted March 11, 2008 My dad had to give his dad his SSN for his will. Quote
Adrianne Posted March 11, 2008 Posted March 11, 2008 I had to give mine to my dad for his life insurance beneficiary information and some joint bank account situation. I would however, ask them what it is for. My Dad I trust. My mother on the other hand would not put it to honest use...... Quote
neesek Posted March 11, 2008 Posted March 11, 2008 Both my dh and I have been asked for our SSNs by our parents. It has always been for beneficiary purposes for life insurance, 401K, etc. I just can't remember specifically what it was. I think it is fairly normal though. Quote
Daisy Posted March 11, 2008 Author Posted March 11, 2008 It isn't that I don't trust my parents! I just want to make sure they aren't getting asked for something that is unnecessary. They can be gullible at times or maybe a better word is innocent?? Quote
hana Posted March 11, 2008 Posted March 11, 2008 I'm with Abbey on this one, though I can certainly understand that there may be concerns with some parents. My mom, well, she's pretty trustable. ;) Quote
Unicorn. Posted March 11, 2008 Posted March 11, 2008 It isn't that I don't trust my parents! I just want to make sure they aren't getting asked for something that is unnecessary. They can be gullible at times or maybe a better word is innocent?? Why they need it. Both dh and my parents have had to ask for ours. My dad recently opened a new money market acct, and put my name on it as a joint holder (he has done the same w/ my siblings), that way when he passes, we are direct beneficiaries, and won't have to worry about inheritance taxes, etc. Quote
Storm Bay Posted March 12, 2008 Posted March 12, 2008 My parents asked us for ours and they live in Canada. Once a year they take money out of a family trust to help pay for our kids' activities and so they need it because we pay taxes here and it's taxed. Thankfully, it's always a small enough amount that we don't have to include it (it goes by how much you pay in taxes in Canada.) Quote
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