09/27/2020
We have been presented a check payable to "Estate of ***** C/O ****'." This is the only check that will be issued in this manner. Could this be deposited into the deceased person's joint account or does an estate account have to be opened? The check is for $12.00.
08/30/2020
What type of checks can be deposited to an estate account? If a check is made payable to Frank Smith and he is deceased, can that check be deposited into the Frank and Jane Smith Estate account?
09/29/2019
A ninety-seven year old widowed customer was brought in by one of his sons to change the register on his account. Our customer's wife had passed and he
removed her and added the son as beneficiary to his now sole ownership account. Six months later the same son was granted Conservatorship over his
father and changed the register to "Estate of..."
Should we leave the beneficiary on an Estate of Conservatorship account?
06/30/2019
Is a checking account for an estate allowed to have an electronic draft debited from the account?
09/16/2018
May a "Payable on Death" account bypass payment to the beneficiary and go straight to the estate account if the Executor requests this?
11/12/2017
What are the requirements needed to open an estate account?
01/31/2016
A member has passed, and her account was a POD account, with 3 beneficiaries listed. The executor of her estate has come in, asking to transfer the funds to the estate. Do we pay out the beneficiaries, or do we follow the executor, and transfer funds to the estate account?
01/12/2015
Can a third party file a dispute on a deceased account? The person filing a dispute on his deceased mother's account claiming spouses of other family member used card and pin to withdraw funds. The POA submitted was null at Death and was written for DNR.
03/24/2014
On an Estate account can a person having a power of attorney from the administrator be added and conduct transactions?
04/22/2013
Is there a regulatory requirement to have appraisal engagement letters?
