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My Uncle has a refund made out to his estate. I have a small estate affidavit.Can I take this to a bank to deposit or cash? The amount is small so is it really worth it if I need to open an estate account?
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The judge's Order Approving Small Estate Affidavit should suffice. Unfortunately, some bank personnel and some banks (mostly national banks) have difficulty accepting these Orders. Whether you will be required to open an account for the estate may depend on whether you are the only heir and on the bank personnel and the bank. If they charge you to open the account, you (and your fellow heirs, if any) must decide whether it is worth doing.
Answered on Oct 27th, 2020 at 5:05 AM
This is general information. It cannot substitute for a personal consultation with an attorney. It is not intended to be legal advice or imply an attorney-client relationship.