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How does an adult child deposit a check made out to a deceased parent into a shared checking account?
In most countries you can not do this because it is not legal to cash a check made out to a deceased person.
What needs to be done is that the executor of the deceased estate must obtain from a court a grant of probate for the deceased estate and, with is legal document, write to the supplier of the check and ask them to re-issue the check in the name of the deceased heirs.
What else can I help you with?
Do you have a right to see your parent's checking account if they have both died?
As an individual, you generally do not have an automatic right to access or view your deceased parent's checking account. After their death, the account typically becomes part of their estate, which is subject to the probate process. Only the appointed executor or administrator of the estate would have the legal authority to access and manage their financial accounts.
What year do you have to be born in to get a checking account?
Most banks have a minimum age of 18 to open a checking account with a parent or guardian. If you open a joint checking account with a parent or guardian, the minimum age is usually 13.
Where can you find out if your deceased parent registered a will anywhere?
You can typically find out if your deceased parent registered a will by checking with the probate court in the county where they resided. You can also search for any existing wills in their personal records, safe deposit boxes, or with an attorney they may have worked with. Additionally, consider hiring a lawyer to help you navigate the legal process if needed.
How can you find out if a deceased parent left a will?
You can start by checking with the deceased parent's lawyer, estate planning attorney, or financial advisor. You can also check with the probate court in the county where the deceased parent lived to see if a will has been filed for probate. Sometimes, the executor named in the will or the deceased parent's close family members may also have knowledge of the existence of a will.
Do you need to have a job to open a checking account?
You do not need to have a job to open a checking account, you do however need some money to put into the checking account so having a job or having a parent with a job is almost always a necessity, as a means to get the money to start the account.
What age do you have to be to get an ATM account?
18 to open a deposit account. Depends on the bank for a minor, but a parent has to be the co-signer if you want an ATM card. After the age of 18, the parent is no longer required
How old do you have to be to start a bank account in Georgia?
With a parent or guardian also on the account, a child can have a bank account at any age. They cannot, however, have a checking account.
If a parent owes credit card debt are the children responsible after the parent is deceased?
If they are not an account holder they are not responsible for the debt. All debts and assets and wills are handled in accordance with the state probate laws in which the deceased lived and/or owned property.
What banks in southern California will allow a 16 year old open a checking and savings account?
Wells Fargo, if your parent is added on the account with you. They have a checking called the "teen checking" that is specifically designed for people between 13 and 17. Once you turn 18, you can open an account without your parent having to be on it with you.
Should adult child of a deceased parent transfer savings account to the living parent?
This is a difficult question to answer without knowing more information. Were you the Executor of the deceased's parent estate? Was the will probated? Who's name (or names) was the account in? Were the assets in the account addressed in the will? Is this question asking for a 'legal" opinion, OR, is it asking for an 'ethical' opinion? The above, while admittedly NOT a direct answer to the question, should give the questioner some "food for thought."
Would a parent be responsible for credit card debt of their deceased adult child?
Generally no, unless they were a co-signer on the account.
Is there any liability to tell a child of a deceased parent?
Is there any liability to tell a child of a deceased parent?
