Proof of death and proof of entitlement. ===Clarification=== Unless you are the joint owner of the account or listed as the beneficiary with the bank you need to be appointed the Administrator of the estate. As Administrator, the court will issue Letters of Administration to you that will empower you to administer the estate including the power to close the decedent's bank accounts.
A money market savings account is a special kind of savings account. Money market account holders receive more money on their return. Money markets are secure.
A savings account is a good place to keep money safe for future needs.
It is recorded that the money is yours but your money is still in circulation. It isn't like a safe which holds each persons individual money. Your money could be used for someone else to withdraw their saving account, but your money is still available to you. When you get it back it just won't be the same exact coins or notes that you put in your savings account.
A savings account is a very good account to open up if an individual would like to start saving money. It allows extra saved money to be transferred from the checking account to the savings account.
money market account
The saving bank account is generally opened by salaried persons or by the persons who have a fixed regular income. In most cases, people can withdraw money from a savings account at any time, at least at any time the bank is open, or one has access to the bank's ATM. Interest on savings accounts is usually compounded daily and paid monthly.
A Savings Account is a type of account that is designed to promote savings among the general public. You can deposit and withdraw money from this account but at the same time the bank offers you an interest on the money deposited into the account.
A CD savings account might earn money for you. This type of savings account earns interest for the person who purchases the CD.
To get money from a savings account from 1967, you will need some information proving that the account is yours. Contact the state unclaimed funds department in the state where the account was held and request your money.
Yes, a savings account will really help you save money if you remain loyal to the fact that it is a savings account. You still have access to your money, but it's up to you to keep it saved.
madhu
If the savings account gives you interest, your savings will grow a little.