QUESTION
How can I cash an estate check for $1000?
Asked on Nov 11th, 2014 on Estate Planning - Illinois
More details to this question:
The credit card my mom had has a positive balance of $1000 because we returned a door she ordered and no longer needs from her passing. We closed the account and they knew of her passing because of death certificate. They are sending the balance in a check form "to the estate of”. She left no will. What can we do? Without running around for such a small amount that might not come to us anyway?
1 ANSWER
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If the estate is less than $100k with no real estate a small estate affidavit came be used. Heirs will be identified and given their share after creditor claims are paid.
Answered on Nov 11th, 2014 at 6:19 PM