Estate Bank Account?

Go into bank to open estate account for deceased father. Have in hand death certificate,IRS letter showing Taxpayer id assigned to estate or EIN # Finally letter from court saying Executor . The lady said we will need to verify letter from court. Once this is done we will call. Then the account can be open. I don't understand why she would question letter from probate court. Is this standard bank operation procedure. Thanks.

4 Answers

  • 6 months ago
    Favorite Answer

    I am an estates & trusts paralegal. In my experience, each bank is different, and most of them make up their own rules when they don't know what to do. Also, the Patriot Act has put paid to common sense anyway. I have never heard of a bank doing that though, wow.

    Honestly, if it were me, I'd probably take all of that documentation and try another bank that actually wants your business and isn't suspicious of your paperwork, which all sounds perfectly in order to me.

    • Caroline
      Lv 7
      6 months agoReport

      You sure do love your CAPS LOCK key. As I said, it was my experience, and that I’d never heard of it. I didn’t say it was illegal or wrong. Laws do vary by jurisdiction STEVEN.

  • 6 months ago

    I don't understand why she would question letter from probate court.

    People FORGE court documents EVERY DAY.

  • 6 months ago

    Call another bank & ask.

  • 6 months ago

    Like dude, it is a phone call. Like wow, dude.

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