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I have a joint account with my mother and father upon their death can i withdraw the funds?
Yes, you can do that. Since you are the joint holder of the bank accounts of your mother and father, you can very well withdraw funds from the account. However it is better to provide your parents' death certificate to the bank and convert them into single holding accounts because your parents are deceased and they can no longer use the accounts.
Who is responsible for any balance if the bank repossessed your father's car after his death?
If your father left a Will, and he had an Estate (house, condo, property, etc.) then the Will goes to Probate and Probate makes sure all taxes on property, also personal outstanding taxes are paid off. It also pays off all creditors. For example: If your father left a Will and he owned a home, or had money in a couple of accounts the Probate would take that money and pay off all creditors (including the bank for the car) and any other debts. Only after this, do you get what is left in the Estate. I do believe the bank had no right to repossess the car after your father's death, but complied with Probate. I would seek legal help on this one.
How do you write an application to bank manager for your father pension account transfer to your mother account because your father let this month?
[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Date] The Branch Manager [Bank Name] [Bank Address] [City, State, Zip Code] Subject: Application for Transfer of Pension Account Dear Sir/Madam, I am writing to request the transfer of my father's pension account to my mother's account, as my father passed away this month. Please find attached the necessary documents, including the death certificate and identification proof of my mother. Your assistance in facilitating this transfer would be greatly appreciated. Thank you for your support. Sincerely, [Your Name] [Your Contact Number]
If yourFather dies and the car loan is in his name can the family turn the car over to the bank and will they be held liable for the remaining balance and will it effect their credit rating?
If your father dies you can turn the car over to the bank without recourse to any other family member.
Who is the father of modern banking?
The father of modern banking is Nicholas Biddle I spent 20 years teaching and as a gust lecturer for the American Institute of Banking as well as a 40 year banking career. Biddle fought the "Bank Wars" against Andrew Jackson regarding the 2nd Bank of the United States. Todays Federal Reserve System (the FED) is designed around his genius. LD Wright
When did Father's Day Bank Massacre happen?
Father's Day Bank Massacre happened on 1991-06-16.
Which bank in Pakistan became a fist bank of Pakistan?
It is State Bank of Pakistan. It was founded by the father of the nation in 1948.
What company does Rosalie's father work for?
A bank
Do tyra bank have a father?
Yes Tyra Banks has a father, his name is Donald Banks
What crime did lolo Jones's father do?
Rob a Bank
What did Shirley Temple's father do for a living?
Her father was a bank teller, who latter worked as his daughters manager
How would you go about 'buying' your dad's car if he still owes the bank?
You need to pay off the bank to get the title to the car. You can either give your father the cash needed to pay off the loan, or you can get a loan from a bank. If you get a loan, the bank will send the payment amount to the lien holder, which is the other bank, and anything over the amount of the loan balance will be sent to your father. assume the loan in your name.
Your father died and had just bought a new vehicle what happens with this vehicle will the bank take it out of his estate?
The bank can repossess the car if payments are not made.
Can an estranged father use his childrens names for bank accounts without their consent?
If had access to their birth certificates and he was clearly the father, yes he could.
Bank savings account holder with deceased father will not in probate bank is saying paperwork not followed through on their end been doing transactions do you have a right to this account?
If the account was a joint account in your name and your father's name and he is now deceased then you are the owner of the account. ==Additional Answer== Probate is needed if you are not a holder of the account with your father, as you seemed to state in your question, and the account is in your father's name alone. Whoever files to open up probate will get a document called letters testamentary, and that person takes a certified copy of the letters testamentary to the bank and the bank will then issue a check to be distributed to the legal heirs.
How do you write a letter to bank manager for handover of your passbook to your father?
You are probably not going to be able to make any changes to your account without appearing in person with your father (and both of you should bring your photo ID) to affect the changes with a bank official.
Who is the father of the blood bank?
Dr. Charles Richard Drew is often credited as the father of the blood bank for his pioneering work in developing and organizing the first large-scale blood bank during World War II. His research and efforts significantly improved the process of blood collection, storage, and transfusion.
