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Home > Money & Services > Other Money & Services   »   estate account

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Old Apr 2, 2006, 12:17 PM
schmidt
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estate account
I am the sole heir to my mother's estate;opened an estate acct. My question is what do i do with the money in that acct? Can I use it to pays bills such as home owners insurance,etc.?

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Old Apr 2, 2006, 01:19 PM   #2  
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yes.

assuming the home owners insurance is for your mother's house.

you can use the money to pay for any debts that her estate is incurring.
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Old Apr 2, 2006, 01:58 PM   #3  
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You can pay any expense that is part of your mothers estate.
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Old Apr 2, 2006, 01:59 PM   #4  
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Hi,
If you are the Executor of the estate, I highly recommend getting a lawyer, and/or a CPA to give you some Professional advice. Best wishes.
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