You treat the estate as an entity (check the entity box) and name the "entity" ESTATE OF _______________, as if it were a business, supplying the estate's EIN and address (usually the address of the personal rep of the estate).
How to Complete a CTR for an Estate
How would I complete a CTR for an estate? The Trust Dept. opened deceased customer's safe deposit box and found $75,000 in cash. Funds were then deposited into a trust fund. I know the trust employee will be the transactor but how do we handle the "on behalf of"? Do we just put customer's name even though he is deceased? There's no where to put "The Estate of ..."
First published on 10/13/2019