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Account Estate Bank For Baby In Massachusetts
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Multi-State
Control #:
US-0034LTR
Format:
Word;
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FAQ
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.
Most banks require a child to be at least seven before they can open an account for themselves, though they do all differ, so it's worth checking the specifics. Under-sevens require a parent, guardian or grandparent to set up an account and act as signatory. This method can also be selected for older children.
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.
More info
I am looking for guidance on opening an estate account for a relative from MA who died several years ago. This indepth manual contains a wealth of information and a detailed description of the Massachusetts Uniform Probate Code and how it is to be implemented.Begin the probate process. You will need to complete the probate court's "Voluntary Administration Statement. " If you are looking online, this will pop right up on Google. Make the process of opening an estate account simple and straightforward with this stepbystep guide. Ask the bank how much this estate account will cost, as well as what they need you to submit: a Will, a death certificate, etc. How do I open an estate account? Just make an appointment at your local financial center and an associate will be happy to assist you. The deceased person must have been a Massachusetts resident at the time of death.