New York Sample Letter for Release of Funds into Decedent's Estate

• Category: Letters - Legal - Estates
• State: Multi-State
• Control #: US-0701LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Subject: Request for Release of Funds into the Decedent's Estate Dear [Bank/Credit Union/Financial Institution] Manager, I hope this letter finds you well. I am writing to request the release of funds into the estate of [Decedent's Full Name], who was a resident of New York County, New York. As the duly appointed executor/administrator of the estate, I am responsible for managing its affairs and ensuring its proper distribution according to the applicable laws and regulations. [Decedent's Full Name] passed away on [Date of Death] in New York City, leaving behind multiple assets and liabilities. The probate process has been initiated in the [County/Supreme] Court of New York County, and all necessary legal documentation, including the Letters Testamentary [or Letters of Administration if no will was left], has been obtained and provided to the court. I am writing to specifically request the release of funds from the following accounts held by the decedent at your institution, to be transferred into the decedent's estate account identified as [Estate Account Number]: 1. Checking Account: Account Number: [Account Number] Account Title: [Decedent's Name] Current Balance: [Balance] 2. Savings Account: Account Number: [Account Number] Account Title: [Decedent's Name] Current Balance: [Balance] 3. Certificate of Deposit (CD): CD Number: [CD Number] Account Title: [Decedent's Name] Current Balance: [Balance] As per New York State law, it is necessary to transfer these funds into the decedent's estate account for proper management and later distribution to the rightful beneficiaries. I kindly request your cooperation in expediting this process to avoid any unnecessary delays or complications. Enclosed with this letter, please find the following documents required for your review and verification: 1. Certified copy of the decedent's death certificate 2. Certified copies of the Letters Testamentary [or Letters of Administration] 3. Proof of the estate account's existence, along with its account number I understand that your institution has its internal policies and procedures for processing such requests. I am more than willing to provide any additional information or documentation necessary to facilitate this release of funds. Please let me know if there are any specific requirements I need to fulfill or forms I need to complete. If there are any fees or charges associated with this transfer, kindly debit them from the estate account accordingly. Additionally, I would appreciate receiving written confirmation of the transfer once it has been completed so that I can maintain accurate records for the estate. Thank you for your attention to this matter, and I look forward to your positive response. Should you have any questions or require further clarification, please feel free to contact me at [Your Contact Information]. Yours sincerely, [Your Full Name] [Your Title/Executor or Administrator's Title] [Contact Information: Address, Phone Number, Email]

Subject: Request for Release of Funds into the Decedent's Estate Dear [Bank/Credit Union/Financial Institution] Manager, I hope this letter finds you well. I am writing to request the release of funds into the estate of [Decedent's Full Name], who was a resident of New York County, New York. As the duly appointed executor/administrator of the estate, I am responsible for managing its affairs and ensuring its proper distribution according to the applicable laws and regulations. [Decedent's Full Name] passed away on [Date of Death] in New York City, leaving behind multiple assets and liabilities. The probate process has been initiated in the [County/Supreme] Court of New York County, and all necessary legal documentation, including the Letters Testamentary [or Letters of Administration if no will was left], has been obtained and provided to the court. I am writing to specifically request the release of funds from the following accounts held by the decedent at your institution, to be transferred into the decedent's estate account identified as [Estate Account Number]: 1. Checking Account: Account Number: [Account Number] Account Title: [Decedent's Name] Current Balance: [Balance] 2. Savings Account: Account Number: [Account Number] Account Title: [Decedent's Name] Current Balance: [Balance] 3. Certificate of Deposit (CD): CD Number: [CD Number] Account Title: [Decedent's Name] Current Balance: [Balance] As per New York State law, it is necessary to transfer these funds into the decedent's estate account for proper management and later distribution to the rightful beneficiaries. I kindly request your cooperation in expediting this process to avoid any unnecessary delays or complications. Enclosed with this letter, please find the following documents required for your review and verification: 1. Certified copy of the decedent's death certificate 2. Certified copies of the Letters Testamentary [or Letters of Administration] 3. Proof of the estate account's existence, along with its account number I understand that your institution has its internal policies and procedures for processing such requests. I am more than willing to provide any additional information or documentation necessary to facilitate this release of funds. Please let me know if there are any specific requirements I need to fulfill or forms I need to complete. If there are any fees or charges associated with this transfer, kindly debit them from the estate account accordingly. Additionally, I would appreciate receiving written confirmation of the transfer once it has been completed so that I can maintain accurate records for the estate. Thank you for your attention to this matter, and I look forward to your positive response. Should you have any questions or require further clarification, please feel free to contact me at [Your Contact Information]. Yours sincerely, [Your Full Name] [Your Title/Executor or Administrator's Title] [Contact Information: Address, Phone Number, Email]