Do I have to open an estate account?
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Do I have to open an estate account?
My mother passed away last year. I went through probate and got a release of
administration for all of her assets. I recently received a check made out to the estate of my mother. Do I have to open an estate account or is there a simpler way?
Asked on November 29, 2018 under Estate Planning, Ohio
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
If you are the executor, administrator, or personal representative of the estate, you should be able to endorse the check on behalf of the estate as the executor etc., then endorse it over to yourself to deposit in your own account. Check at your bank that you can do this.
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