How to avoid probate in Utah?

Property that is held in a revocable trust will avoid probate. However, it is not sufficient to just have a revocable trust. The deceased person's property must be held in it when she dies. Once a person signs a revocable trust, she should immediately transfer her property to the trust.

US Legal Forms
Sample and Form Letters
Sample Letter to Bank concerning Accounts of Decedent

Account Estate Bank For Letter In Salt Lake

Category:

Letters - Legal - Estates

State:

Multi-State

County:

Salt Lake

Control #:

US-0034LTR

Format:

Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

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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.

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.

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."

Property that is held in a revocable trust will avoid probate. However, it is not sufficient to just have a revocable trust. The deceased person's property must be held in it when she dies. Once a person signs a revocable trust, she should immediately transfer her property to the trust.

In order to open a checking account, you generally need to present to the bank a copy of the death certificate as well as your legal appointment paperwork, e.g., a certificate of qualification or Letters Testamentary. You should gather these ahead of time before going to the bank.

More info

Gather your documents. Helping People Through the Probate Process.By Mark J. Morrise, Attorney 405 S. Main St., Suite 800. How do I get more help when a family member dies? The number that is assigned is used on any accounts in the name of the estate such as bank, credit union, and brokerage accounts. Make the process of opening an estate account simple and straightforward with this stepbystep guide. Fill out all the required forms and gain access to the account. Bank accounts, stocks, bonds, mortgages, or notes. Please endorse the back of the check and also include your account number and "For Deposit Only at Goldman Sachs Bank USA". Bank Accounts Held in Trust.

Account Estate Bank For Letter In Salt Lake

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