Estate Account Setup Guide

Summary

To manage the $2600 for funeral expenses, open an estate account instead of a new trust. Youll need death certificates, your appointment as executor, and the check payable to the trust. Contact your bank for specific requirements. Consider consulting a local attorney for personalized guidance.

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Yes. And, if the check is made payable to The Schmidt Family Living Trust, then can I open an estate account? I live in Montana.
To handle the funds, you should open an estate account, not a new trust. Here's what you generally need:
- Death certificates of the deceased.
- Letters of administration or your appointment as executor.
- The check made payable to the trust.
You may need to endorse the check as the successor trustee. Would you like more guidance on setting up the estate account?
Yes, please.
To set up an estate account in Montana, you'll typically need:
- Death certificates for both parents.
- Your appointment as executor or letters of administration.
- The check payable to the trust.
- Identification documents.
It's advisable to contact your bank for specific requirements. Would you like help connecting with a local attorney for further assistance?
Yes, thank you!
Case Rating: *
It seems like you're dealing with a potentially complex estate matter involving a living trust and the need to open an estate account. Would you like to be connected to local lawyers who can better assist you with your case? If so, could you please provide a bit more information about the issue?
Dad died * in AZ. Mom died * in Maine. Chase trust was set up in AZ. All assets are already sold or gone. Mom closed the trust checking account and moved to Maine. I am the successor trustee. I live in Montana. Chase closed my mom’s personal accounts and made check payable to the name in their old trust. I need to know the simplest way to get the funds for funeral expense reimbursement. They told me I needed to open a new trust at my bank in Montana. This Ai lawyer page told me I could open an estate account instead. I’d never heard of an estate account. I need help understanding what I should do next. Thank you.
Case Rating: *
It seems like you're dealing with a potentially complex estate matter involving a living trust and the need to open an estate account. Would you like to be connected to local lawyers who can better assist you with your case? If so, could you please provide a bit more information about the issue?