Answer:
An estate is an entity and therefore will not die. Consequently estate accounts will not have a beneficiary.If the decedent's will directs the estate's assets to be deposited into a trust account, it will be up to the estate's executor or administrator to comply with your state's probate laws for establishing an estate account and issuing checks to a trust.
First published on BankersOnline.com 8/20/12
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