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-   -   Money in estate account? (https://www.askmehelpdesk.com/showthread.php?t=587245)

  • Jul 13, 2011, 11:14 AM
    cbarret
    Money in estate account?
    Can the funds of the from an estate account be taken out by the administor of the estate.
  • Jul 13, 2011, 11:20 AM
    JudyKayTee

    For what purpose?
  • Jul 13, 2011, 04:19 PM
    joypulv
    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.
  • Jul 13, 2011, 04:53 PM
    ScottGem

    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.
  • Jul 13, 2011, 07:13 PM
    Fr_Chuck

    We do need you to return and use the answer feature to give us more info so we can help you

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