If there's a will without a named executor, the court will issue a Letter of Testamentary; if there's no will, the court will issue a Letter of Administration. Present either of these letters to the bank along with the death certificate to close the account.

Any bank can handle an estate account. It isn't exactly rocket science, the main difference being the signer on the account was court-approved. Pick your favorite bank and go there.

Once you've been appointed executor or personal representative by the probate court, you'll probably want to open a bank account in the name of the estate. Usually, an account for an estate is registered in this or a similar way: "Estate of Gerald S. Smith, Deceased, Pamela S. Smith, executor."

Contact the bank in advance to ensure you arrive with the appropriate documents, but you'll likely need to bring a notarized or certified copy of the death certificate and proof of your identity, such as a driver's license or passport. You'll also need the decedent's legal name and Social Security number.

‍Opening an Estate Checking Account You should open a checking account in the name of the estate. Take copies of the letters of office or small estate affidavit and death certificate with you. You will also need to provide the bank with the employer identification number (EIN) of the estate.

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Trying to open an estate bank account with an Illinois Small Estate Affidavit? Since the affidavit does not need to be filed with the court, there are no filing or court fees.Generally, if you have bad credit, you will NOT be allowed to act as the administrator of the estate of parent or loved one. Can You Open a Checking Account With Bad Credit? Tip: Notary services are available at no cost in many of our financial centers. Is it possible to obtain a first credit card with no income, a bad credit history, and low credit scores? It often makes sense to open the estate account in the same bank as the decedent's lifetime accounts. Best bad credit student loans. Can You Really Open a Checking Account With No Credit Check? How can a lawyer help you with bad credit?

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