I am a beneficiary POD of a certificate of deposit. The bank gave proceeds to someone else. What must I do?


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The bank allowed the Executor of the Deceased Estate to close out all accounts, including the certificate of deposit left to me. They gave the check written out in my name to them. They refuse to produce or relinquish it. It is not part of the estate and they cannot cash it. The branch financial manager who did...


Answer (1):

 
DRD

go to the main office of the bank where this was done...ask to speak to the President...say a branch manager messed up a legal matter and now will not talk to you...as soon as you ask to speak to the president..things start happening..a whole bunch of people will get involved..trust me..Ive worked in a bank for 20 years and have seen this over and over and over again..Ive even TOLD customers to do this if the manager would not help them..and they've ALWAYS gotten results..If you have a certified copy of the death certificate...you should have gone to the bank yourself and closed the account...since you didn't and they (messed up) and gave it to someone else..THEY must now contact that customer..stop the check and cut one to you..threaten them with legal action if it is not resolved in say 24 hours...always works ...TRUST ME IVE BEEN THERE!!GOOD LUCK ...and if the HAD to close the accounts for the executor..then...what will the executor do with a check in your name ?????..make sure the executor is not opening accounts in your name...i hope you have a good lawyer !!!