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Can I as executor and having joint account with my mother write checks to my siblings without a lawyer since my mother lives with me and has no debts?
Your status as executor has no bearing as to whether you have access to your mother's finances while she is living. Additionally, whether you live with your mother or whether she has debts or not has no bearing as to whether you have access to her finances. What you need is a power of attorney.
That being said, if you are also named on your mother's bank account as an account owner, then you have full access to write checks on that account just like she does. Be careful that you are not listed as TOD (Transfer on Death) or POD (Pay on Death) though instead of an actual account owner. Those who are listed as TOD or POD have no right to the account funds until the account owner dies.
What else can I help you with?
Do checks have account numbers printed on them?
Yes, checks typically have the account number printed on them.
Can I order personal checks for my business account?
Yes, you can order personal checks for your business account.
What is the process for claiming American Express Travelers Checks if the owner is deceased?
To claim American Express Travelers Checks if the owner is deceased, the beneficiary or executor of the deceased's estate must present the original checks, a copy of the death certificate, and legal documentation proving their authority to claim the checks, such as a will or court order. The beneficiary or executor can then contact American Express to initiate the claims process.
Can you order personal checks for a business account?
Yes, you can order personal checks for a business account, but it is recommended to use business checks for official transactions.
Why do checks have account numbers on them?
Checks have account numbers on them to uniquely identify the specific bank account from which the funds are being withdrawn. This helps ensure that the money is taken from the correct account and deposited into the correct account.
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.
You received checks by your lawyor due to you being the executor of your parents estate do you have a time limit on when you have to send them back to your lawyor for your family?
If the checks were sent for your signature they should be returned immediately without delay. You are obligated by law to perform your duties as executor with expediency.
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.
How do you prove you are the executor of estate and need to cash an insurance refund check?
When you were appointed the executor the court issued "Letters Testamentary" in your name. That is your legal authority to represent the estate and sign any checks made payable to the estate or to the decedent. You should bring a copy to the bank where the decedent had their account and speak to the manager about cashing the check. The bank may put a hold on the funds until the check clears. Once you are certain there will be no more checks issued to the estate you can then close the account. If the decedent had no bank account then you should seek advice from the attorney who is handling the estate. If you do not have "letters Testamentary" then you are not the duly appointed executor and have no right nor authority to cash the check.
How do you spell bum cheks?
The slang term is spelled "bum checks", meaning checks (drafts) that are written without sufficient funds in the account to pay them.
Can you deposit your husband check into your account without his signature?
Call you banks customers service and see. My bank allows my wife to deposit my payroll checks without my signature into our account.
How to write a letter requesting check book?
If you have a checking account you order checks. No letter is needed. You can order them through the bank or through an independent source. I have had my photos put on checks so there are any number of designs you can have, but you do need a checking account number and a routing number from your account to order checks. A person without these just can't get checks that are illegal tender.
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)
Do checks have account numbers printed on them?
Yes, checks typically have the account number printed on them.
Cashing someone else's payroll check without account?
Is No. 1 - Forgery and No. 2 - Not Possible. you can only cash checks that are payable to your name/account.
Can I order personal checks for my business account?
Yes, you can order personal checks for your business account.
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.
