Click to return to BOL home page
Banker Store Read A Reg BOL Insiders Career Connect Learning Connect Bankers Information Network



January 21, 2015
HMDA Soup to Nuts
David Dickinson

January 22, 2015
Navigating the Treacherous Waters of IRA Rollovers, Transfers and Beneficiary Payouts
Patrice Konarik

January 28, 2015
Mortgage Life Cycle
Part I
David Dickinson and Jerod Moyer

February 2, 2015
Answer HSA Questions with Confidence
Whitney Johnson

February 3, 2015
BSA/AML Compliance: Recent Developments and Common Errors
Ken Golliher

February 4, 2015
Mortgage Life Cycle
Part II
David Dickinson and Jerod Moyer

February 5, 2015
Annual Lending Compliance Recap
John Burnett and Andy Zavoina



Topic Options
#1382499 - 04/27/10 05:29 PM Death of Representative Payee
krose Offline
Member

Registered: 06/06/08
Posts: 55
Loc: TN
Mother was representative payee for her adult son. The mother has died. How do we handle this account? Should the SS benefits that have been direct deposited since the mother's death be returned?

Top
Deposits and Payments
#1382520 - 04/27/10 05:56 PM Re: Death of Representative Payee [Re: krose]
BrianC Online
Power Poster

Registered: 11/26/04
Posts: 2977
Loc: Illinois
The benefits are still the adult son's. You should hold the funds in the account until Social Security appoints a new rep payee. The new payee should bring in their appointment letter at which point you can have that individual sign a new signature card.
_________________________
I can do all things through Him who gives me strength. (Phillipians 4:13)

Top


Moderator:  John Burnett, Ken_Pegasus