Can an Executor of an Estate access a safe deposit box, or does the paperwork have to state "access to any safe deposit box" in the wording?
We have a customer that has brought in a decree approving first and final accounting and closing of an estate. The administrator has asked us to cut 3 separate checks to the heirs listed in the document. Our issue is the administrator never moved the money into an estate account. It is still in the name of the deceased. Should we ask them to open an estate account just for the disbursements or would it be ok to do it directly from the deceased account?
I am processing a Small Estate Affidavit that will require the bank to issue several cashier's checks to beneficiaries. Normally the bank charges a small fee to issue Cashier's Checks. Is there a problem charging a fee to issue cashier's checks from a deceased account holders account to pay the beneficiaries.
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?
We discovered possible fraudulent transactions on a deceased customer's account, there is no executor. We will be compelling a small estate affidavit. My question is; does the individual submitting the small estate affidavit have authority to make a claim against the transactions on the account?
Can an estate executor name an authorized person on an estate checking account?
We have a customer that passed away in April, but we have checks dated March, the month before. Can we deposits those checks into a joint account instead of opening an Estate Account?
Should ChexSystems be run on POAs, Rep Payees, Executors, any fiduciaries?
Can an et AL appoint themselves as POD on an estate account?
I have a client that has a Living Trust where he is named as a trustee. His mother recently passed and she had two accounts with the bank, one under the trust, and the other only as a single ownership. Does the living trustee need to be appointed personal representative of the deceased client in order to claim the single owned account?