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do all 3 executors need to be named on a bank account
3 Answers
my brother, sister and I are named executors for my late mothers will.
my brother lives abroad (12+ hours time difference)
my sister and i opened a joint bank account and have paid estate monies in.
should all 3 executors have been named on the bank account?
my brother lives abroad (12+ hours time difference)
my sister and i opened a joint bank account and have paid estate monies in.
should all 3 executors have been named on the bank account?
Answers
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I had difficulty in finding a bank that would open an executors account. My niece & I were executors for my sister, her mother. I simply put the money in my account and once everthing was attended to I gave my niece a cheque for the balance. I kept my niece fully informed as to what I was doing and she had copies of all the details.
Therefore I would think the asnwer to your question is who will know? I would think it depends on your brother's opinion.
Therefore I would think the asnwer to your question is who will know? I would think it depends on your brother's opinion.