They both passed away many years ago.
2007-09-17 10:30:34 · 4 answers · asked by munlitluv 2 in Business & Finance ➔ Personal Finance
take the death certificates to the bank and have them give you the money and close the accounts. If you don't close them then you will loose all the money to dormant account fees.
I assumed that since the bank was willing to tell him how much was in the account that he may be the executor of the estate
2007-09-17 10:42:03 · answer #1 · answered by Amanda 3 · 0⤊ 2⤋
Sorry Amanda, your advise is NOT legal. Even with death certificates, the bank CAN'T release the funds except to the executor of the estate. Someone has to be designated executor by the probate court. This should have been done when they died. If the account has not been active "for many years", the bank most likely doesn't even have the accounts anymore. Most states require funds from dormant accounts be turned over to the State's department of unclaimed funds after 7 years or so.
2007-09-17 11:08:15 · answer #2 · answered by STEVEN F 7 · 2⤊ 0⤋
With regard to Steven F's answer:
The executor would have been named in the will. Without a will a public administrator would have been assigned to administer the estate. It appears that the executor or the public administrator was not aware of the bank accounts. You will need to determine who administered the estate. If the estate has been closed and the executor discharged, I believe a petition will need to be filed with the court.
If the funds have been turned over to the state's unclaimed property division, you can contact them to determine what documentation they require to release the funds. (You will have to prove that you are entitled to receive the funds).
2007-09-17 11:17:34 · answer #3 · answered by skipper 7 · 2⤊ 0⤋
get a lawyer and get him/her have you take over the account(s).
2007-09-17 11:34:41 · answer #4 · answered by Anonymous · 0⤊ 0⤋