My grandmother has been dead for at least ten years and my mother believes she had CDs. Neither she or her siblings have a paper trail. This year my aunt, who has the same first and last name as my grandmother, received a request from the IRS about money she did not report, about $800,000.00. How can we find out if this is my grandmothers money? The money is not in unclaimed property.
Probably the best way to obtain a lead on the mysterious $800,000 is for your aunt to challenge the IRS's claim that she failed to report it. She has the right to demand details of whatever the IRS is saying she didn't report. Those details may reveal the CDs that your mother thinks her mother had.
That's where the detective work could be started. If long-idle funds are turned up and are now part of your grandmother's estate, someone will have to determine how to open probate of the estate after so many years. That may require the services of an attorney.
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Probably the best way to obtain a lead on the mysterious $800,000 is for your aunt to challenge the IRS's claim that she failed to report it. She has the right to demand details of whatever the IRS is saying she didn't report. Those details may reveal the CDs that your mother thinks her mother had.