Saturday, January 9, 2010

Certificate Of Deposit Beneficiary Bank Account Beneficiary?

Bank account beneficiary? - certificate of deposit beneficiary

My mother died recently, and she became the recipient in your checking account. I went to the bank with all necessary information) (including the certified death certificate. I have access to the account and actually pay back money (at first). Then, says the bank, I can not access the account because my mother had taken up a loan and monthly payments on equity generated by this account. I would never closed the account, access to it. Now they say I will pay back the money he had withdrawn that are already filed. Help!

5 comments:

hrblocke... said...

Dear L: It is a legal question, but I would not give money to the account. Seek legal advice.

efflandt said...

Since the account on his home equity loan is connected, you will save money, pending clarification of the succession. I hope you do not spend too much of them. Does he have a will or a personal representative, or someone will open another?

efflandt said...

Since the account on his home equity loan is connected, you will save money, pending clarification of the succession. I hope you do not spend too much of them. Does he have a will or a personal representative, or someone will open another?

tro said...

if it has to cover the automatic withdrawal from your account when you make sure that this amount is on the account,
otherwise the money should be available
which apparently has not covered most of the money and alerted the machine

tro said...

if it has to cover the automatic withdrawal from your account when you make sure that this amount is on the account,
otherwise the money should be available
which apparently has not covered most of the money and alerted the machine

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