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What happens to money in bank when a person dies and has a will and has survivors?
Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.
Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.
Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.
Depending on the amount of money, some qualified family member must request to be appointed the Administrator of the estate. There is usually an expedited process for small estates. You need to inquire at your local probate court.
What else can I help you with?
What happens to your money in the bank?
your money is problably not kept in the bank but its loaned to other banks and other banks loan to your bank
Who pays money at bank?
The person who borrow money.
Who owns your money in a bank account you or the bank?
The person whose name is on the account owns the money. The bank holds it for them.
What happens if your bank goes to bankruptcy and you owe money to them?
You still owe money.
What do you call a person who take and give money in the bank?
That is a bank teller
What happens if a large deposit is made in a bank?
The bank would deposit a portion of the money with the central bank and then think of ways to lend this money and earn an income out of it.
What happens if you take money out of deceased dads bank account without power of attorney?
A power of attorney represents a living person, so any power of attorney is no longer valid. They would have to be on the bank account or the executor to legally take the money out.
What happens to the money that you deposit in a savings account at a bank?
When you deposit money in a savings account at a bank, the bank uses that money to make loans to other customers and earn interest. In return, the bank pays you interest on the money you have deposited in your savings account.
What is the person who works in a bank that receives and pays out money called?
A bank teller.
A person who receives and pays out money in a bank?
This person is a teller.
What happens during bank runs?
customers attempt to withdraw more money than the bank has on hand
How do you check to see if a money order is valid?
YOu can always call up the bank and give them all the information before you cash the money order. A money order is always set aside from the person to the bank so that the bank doesnt bounce the check. Nor does the person. Once it leaves the person it is upto the bank. A money order is always valid even if a bank goes belly up.
