Going to the bank after my sister died how do I get her money out to close her account?My cousin died two of are her only aires she nhas money in banks and how do we get it out and what form do we use from the bank |
Going to the bank after my sister died how do I get her money out to close her account?My cousin died two of are her only aires she nhas money in banks and how do we get it out and what form do we use from the bank |
If the bank account was labeled "Transfer on Death" to somebody, then the bank will distribute the funds to the somebody.
If the bank account is a joint account, then one of the living joint owners may withdraw money.
If the bank account is neither of the above, then the bank will freeze the account until the probate judge assigns an Executor of the estate.
The executor goes to the bank with a copy of the death certificate. Those funds are part of her estate, along with all her debts. The estate has to go thru probate and all debts have to be paid before heirs get the assets.
Present a death certificate and the letter from the Probate Court naming you the executor.
Call the bank.
Sorry to hear that, you are going to want to bring all her information , including the will, and her death certificate,brings yours too so you can prove that you are the benificiary