Asked in Debt Responsibility
Can executor of a trust write checks to pay bills?
The executor is responsible for settling the estate. That will include writing checks to pay bills. In most cases they will create an estate account to handle these items and be able to provide a complete accounting to the court.
Asked in Wills
Would the executor write the cheque out from sale of the house?
The executor is responsible for the sale of the house. They have a letter of authority from the probate court. That allows them to write checks and settle the estate. ...
Can an executor write checks from the estate account to himself?
Yes, if they have a right to the money either as a beneficiary or as payment for their work. They have to provide a full accounting to the court. ...
Asked in Banking
Is it illegal to use your husbands bank card with your name not on the account but he has you write checks from it to pay bills?
Not if he knows about it and gave you the card.
How do you change the executor of a will before you die?
You can write a new will. Or you can execute a codicil to the will that changes the named executor. ...
Asked in Banking
The person authorized to write checks on an account is called?
The person authorized to write checks on an account is called the account holder or account operating customer. He/she is the only person authorized to write checks on that account. Nobody else can do so. (In case of a joint account, all holders of the account can write checks) ...
Asked in Banking
If you have a frozen bank account and continue to write checks what happens?
The checks will bounce.
Asked in Banking, Accounts Payable, Accounts Receivable
How cash check payable to trust?
I am fairly certain that the simple answer is, "You cannot." You must first deposit the check into the Trust Account and then disperse funds from the Trust Account via writing a check from the Trust Account. Obviously only persons authorized to transact the Trust's business may write checks off of the Trust Account. By doing this, the audit trail or "paper trail" of the Trust Account remains intact. ...
Asked in Crime, Computer and Internet Fraud, Fraud
What is check fraud?
Check fraud involves using checks to get money that does not exist in the account, or, in the case of unauthorized use of checks, to write checks that one is not authorized to write. The link below will give more in-depth information. ...
Asked in Banking
How many bad checks can you write before going to jail?
One. Writing bad checks is illegal and you can be jailed even for the first bad check you write. It would be a real bad idea to write bad checks because the police officers can arrest you everytime you do so. ...
Asked in Estates
What if you have no will and you want to appoint someone executive of estate?
Write a will! That is the way to appoint someone executor of the estate.
Asked in Law & Legal Issues, Criminal Law, State Laws
How do you get a felony removed from your record in Arkansas?
anyone can write answers on this website, do not use this information. IT IS NOT VALID. some people write answers that they think are correct but are not. DO NOT TRUST THEM. anyone can write answers on this website, do not use this information. IT IS NOT VALID. some people write answers that they think are correct but are not. DO NOT TRUST THEM. anyone can write answers on this website, do not use this information. IT IS NOT VALID. some people...
Asked in Estates, Probate, Deeds and Ownership
What if a wife named her husband executor of her estate and then the husband dies?
The widow can write a new will or simply have her attorney draft a codicil that names a new executor. The codicil should be drafted and executed with the same formality as a will and attached to it. All executors, whether named in a will or not must be appointed by the court in order to exercise any powers as an executor. In general, if the executor named in a decedent's will has died and no alternate was named, the court will...
Is the ability to pay bills online a good thing?
It can be. It saves you from having to write checks, worry about checks being in the mail, and on the cost of postage. A lot of companies offer incentives for paying bills online, as well as switching to paperless communication. However, you should do all you can to keep your information protected while online to avoid identity theft. So, make sure your online bill paying is with a reputable company that offers security guarantees with Internet transactions. ...
Asked in Banking, State Laws, International Laws
Can you not be able to write checks for 7years if you don't pay the checks when they say?
I wrote three bounced cks @ a casino in dec, global something says I have to pay these now or i won't be able to write any checks for seven years. this was not the intention for these cks to bounce and I will pay them. How long do I have. ...
Asked in Probate, Life Insurance, Estates
How do you find the executor of a will?
The executor of a will can be anyone. say you write a will that states your wishes in case of your death. you can appoint a friend, family member or a lawyer to oversee the execution if your will making sure that every thing is done as willed. ...
What other software is similar to QuickBooks?
Sage Peachtree, Microsoft Office Accounting, Quickbooks is a all in one solution that can handle write up, pay bills, write checks, handle inventory, integrate with software like lacerte and perform tax returns, payroll, time management and much much more. ...
Asked in Insurance, Life Insurance
What day of the week do insurance companies write checks on?
if you are asking about claims checks or drafts there is no day of the week.......they are issued as payment is ready or needed.... ...