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?
04/15/2013
I have an account with a deceased owner and no one listed as executor (no known heir). They also have a safe deposit box which drafts the account to keep current so this never goes into a dormant status. How do we handle a situation like this when the owner is deceased no heirs no executor of estate known?
03/25/2013
Under CRA, what constitutes a commercial or Industrial purpose? I have looked for a definition to no avail. Would this include a loan to a small business for a capital injection?
