View Full Version : Money in estate account?
cbarret
Jul 13, 2011, 11:14 AM
Can the funds of the from an estate account be taken out by the administor of the estate.
JudyKayTee
Jul 13, 2011, 11:20 AM
For what purpose?
joypulv
Jul 13, 2011, 04:19 PM
Once the executor has been duly processed (notarized forms from other heirs etc), then that person can open an estate account and withdraw funds as needed. This assumes no bank trustee. If the other heirs don't like it, they have to sue.
ScottGem
Jul 13, 2011, 04:53 PM
The executor of an estate has a fiduciary responsibility. They can use funds in the estate accounts for any purpose relating to the estate. They will however, need to provide a full accounting of what they used estate funds for.
Fr_Chuck
Jul 13, 2011, 07:13 PM
We do need you to return and use the answer feature to give us more info so we can help you