You cannot cash such a check unless you have been duly appointed by the court as the Executor or Administrator of the estate.
Yes, a check made payable to cash can be negotiated by whoever holds the item.
At Chase, checks payable to cash are only negotiable by the account holder for the account the checks are written from.
Whether or not you would be able to cash the check depends on the exact wording of the pay to the order of line. If it reads "Pay to the order of your wife re: you" you will likely not be able to cash it. Instead, the check should be reissued in the name of your wife's estate and be negotiated by the executor of the estate. If there is not a executor, an attorney can help you determine how to navigate estate laws in your area. But, if the check says "Pay to the order of your wife OR you" or if it says "Pay to the order of your wife" on one line and then your name on the next line, you may be able to cash it, since it is technically payable to either your wife or you.
Yes. If you are the duly appointed estate fiduciary.
I received a cashiers check from a bank that was payable thru Wachovia. I took the check to a Wells Fargo and they stated that the check was deposit only. So I opened an account and the funds were available the next day, which was a Saturday.
Nope, has to be deposited to an estate account. You can then go ahead and write a check to yourself from the estate account.... assuming you are the executor and have the authority to do so. Nope, has to be deposited to an estate account. You can then go ahead and write a check to yourself from the estate account.... assuming you are the executor and have the authority to do so.
Yes, a check made payable to cash can be negotiated by whoever holds the item.
No, cashier's check is a guarantee funds by the issuer bank and must have a guarantee payee. Never payable to cash.
No it's cash. Though it is in the form of a "check" it is easily transferred to cash and is recorded as such. Also, even if it wasn't considered cash (it is) it would be a receivable, not a payable.
make it payable to yourself or cash and go to the bank and cash it.
You may cash the check only if you are the duly appointed fiducuary for the estate. Otherwise you have no legal authority to cash the check.
RECEIVABLE
Is No. 1 - Forgery and No. 2 - Not Possible. you can only cash checks that are payable to your name/account.
Yes, they would be able to cash the checks and add them to the estate.
both parties
At Chase, checks payable to cash are only negotiable by the account holder for the account the checks are written from.
Whether or not you would be able to cash the check depends on the exact wording of the pay to the order of line. If it reads "Pay to the order of your wife re: you" you will likely not be able to cash it. Instead, the check should be reissued in the name of your wife's estate and be negotiated by the executor of the estate. If there is not a executor, an attorney can help you determine how to navigate estate laws in your area. But, if the check says "Pay to the order of your wife OR you" or if it says "Pay to the order of your wife" on one line and then your name on the next line, you may be able to cash it, since it is technically payable to either your wife or you.