Estate bank accounts
Asked Mar 10, 2006, 09:18 AM
I Ďm trying to help a love one. They need to open estate bank accounts for a late brotherís estate. They are the volunteer administrator of estate. The only thing in the brotherís estate was about $2200.00. They have withdrawn the money from his account. I was told that they need to open an estate account and pay out money 1st to cover his funeral expenses that I paid (that was well over the $2200.00). Then summit all documentation back to the court. The banks tell us that they need a tax ID number to open an account. Is there any way around this? We would like any help you have to offer. I want everything to be done legally. We live in New York State.