Skip to content

Paying Expenses from Decedents Account

Answered by: 

Question: 
If you have a single party account without a POD, is there any law that states anything about paying funeral expenses or utilities of the deceased from this account?
Answer: 

The resolution of this question will be based totally on state law. Some states make a limited provision for funeral expenses, while others do not.

First published on BankersOnline.com 1/14/08

First published on 01/14/2008

Filed under: 
Filed under operations as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics