My friend's mother just passed away...bank says they will pay him with a certified death certificate. She has automatic payments for mortgages and utilities coming out of her account. Will those still get paid? Bigger problem is how he is to bury his mother without access to her funds to do so. He is stranded out of town at her house at the moment. Please help. I am not sure how to advise him...he is grief-stricken and in a total panic all at the same time!
2007-03-26 18:14:10 · 6 answers · asked by carmensellsthehighdesert 3 in Business & Finance ➔ Personal Finance
I was executor of two estates. the wills gave me the authority to use the checking accounts to pay bills, NO the bills will probably won't be paid automatically, But check with the bank to be sure. When I had control of the checking accounts, all that was needed was to sign the check and add executor behind my signature, Most funerals are done with payment due in so many days, then you pay interest if not paid in full. So, find the lawyer who has her will and let him file the will with the court, the judge will give him the legal executor standing and work from there. A good probate Lawyer is a huge help. It took me 2 years to finally close the estates, so there is no huge rush except to bury his mom. the funeral home can get death certificates as part of the funeral
2007-03-26 18:48:41 · answer #1 · answered by redd headd 7 · 0⤊ 0⤋
Freezing Bank Accounts After Death
2016-12-16 12:45:05 · answer #2 · answered by ? 4 · 0⤊ 0⤋
I am sorry to hear about his loss. Poor guy. There's just never a good time to lose a parent. Especially your mother.
If he happens to have a Power of Attorney to take care of her business, that might get his foot in the door... although.. on death, that may expire. If he's not listed as executor of her estate in her will, or as a beneficiary on her bank accounts or other assets, he may be in deep doo-doo.
The companies will probably be okay with the utilities and mortgage notes, but it would be a good idea for him to call them at some point ... after the funeral and so on.. no need to stir up anything at the moment.
Also, if he's not listed as a beneficiary on her pension.. that may stop being deposited. If she was drawing Social Security, he needs to contact that office and make sure they know she's passed away because they'll send checks that he'll have to return to them.
She may have set up a prepaid funeral plan. If that's the case, he should do alright with that, unless she hasn't updated it in several years.
Almost every detail depends on his having a death certificate with the state seal on there. He probably won't be able to do anything with her property until it goes through probate, even if he's the sole heir. He'll need to consult a lawyer to get that process started. He may be able to get some kind of temporary statement about her death, a doctor's statement or something, that may help with a few things but again most places have to have an official copy of the death certificate.
Poor thing. It's always hard to lose a parent, but not to have access to her accounts to be able to manage things is just pouring salt into his wounds.
If she was active in her church, he may be able to consult with her pastor about some of this. They may be able to help him with burial costs. Also, if he can put part of the cost on a credit card (oh, I purely hate the thought of those things, but this is a legitimate emergency) that might solve some of the problem. Another thought is to withdraw some of his retirement funds (yes, there's a penalty for early withdrawal and there are tax consequences, too) to cover it, or a part of it.
Maybe some of these suggestions will help.
2007-03-26 18:31:09 · answer #3 · answered by Anonymous · 0⤊ 0⤋
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Yes, your bank account can get frozen. You can also have child support money taken directly out of your pay check --what they call wage garnishing. Your previous income taxes filed can also be obtained by the court. Pay child support with a check, no cash/money orders or other fund sources. You must retain receipts as proof of payment for 7 years. Do not be a dead beat dad. You helped create the kid, that kid comes first, you come second.
2016-04-08 17:08:47 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Death Records Search Database : http://www.DeathRecordInfo.com/Help
2015-08-21 18:05:48 · answer #5 · answered by April 1 · 0⤊ 0⤋
i work at a bank...and in order for us to freeze an acct it would be required to have the death certificate....otherwise we dont really know if the person has passed or not...and believe me some people would fake their grandma's death in order to get her money...so no the acct is not automatically frozen...but it will be on proof of the death cert.
2007-03-26 18:27:23 · answer #6 · answered by jas0202@sbcglobal.net 1 · 1⤊ 0⤋