To establish a systematic withdrawal option, complete Section 6. If there's no Will and real property then an administration proceeding should be filed.Learn everything there is to know when it comes to opening and withdrawing from an estate account in NYC. We go over when you can and cannot take out money. Use the Existing Bank Account. Send the proceeds to the bank account currently linked to your Franklin Templeton account. May funds be withdrawn from bank accounts? IMPORTANT INFORMATION: • Use this form to request a distribution from a Coverdell Education Savings Account (Coverdell ESA). • Visit franklintempleton. Access the latest fund documents and reports with ease.