Sure he had a will but most of the time the banks will want the will to be probated or other supporting paperwork to be provided. She has no real assets. All the estate assets have since been liquidated and deposited to the CIBC estate account, and now CIBC has locked the funds and is refusing to distribute the funds until such time as each and every beneficiary appears at a branch of CIBC, identifies themselves with the previously provided ID's and signs the account application. Hello Lynne.I am the executor of my fathers estate. So i'm very confused. I would much rather deal with my Bank. Paying out of pocket should be the last resort. Depending on how long you keep the funds untouched and whether you pair it with a premium chequing account, you can earn up to 4.60% on your savings (includes limited-time bonuses). Also because the will has not been probated and I am not willing to go through the paper work and trouble to do so what are my options for closing this account next year. They are doing the right thing and you are ignoring how your father in law had things set up.Lynne. The cheque is not payable to your mom, but to her estate. The probate is their indemnity against the deceased's funds to the wrong person. Payable on death accounts A bank account where a beneficiary is named is called a payable on death (POD) account. You are the one with the liability and the responsibility so tell them to back off and let you do your job. I happen to be a beneficery, as well as my 3 kids. The beneficiaries are prepared to put some money into the pot to cover the probate costs and other debts until I am named estate trustee and until which time we can sell the house and assets. I asked to see the documents and they refused to show them to me and also refused to give me a contact name and number of the registered office because I am not a member of the credit union. Our mother had her checking and an investment account with them. I suspect what they are talking about is that certain beneficiaries, such as spouses, usually have 6 months to make a claim against an estate, so executors usually wait out that time period. does this have to go through Probate? (I was not asking any info on the account only about their requirements for an Estate Account) but she jumped on him immediately and would not listen. When will the bank require some action on the account? If your mother "had nothing", there should be almost nothing for an executor to do, so acting as executor shouldn't actually be much bother.I find it really frustrating that people will wash their hands of all work and responsibility for their parents except when it comes to getting some money out of it.Lynne. What sort of resistance am I likely to encounter from the bank when I try to close them? Can I simply deposit the cheque to her bank account and withdraw it? My father passed away. I have challenged them on this, and they keep telling me there is no estate department (I know this aint true, I have spoken with the estate department). Do they have this right? I wish they had better training because they waste a lot of time for executors and lawyers. Neither of those situations is ideal, but you can only work with the situation you're in.Lynne. $300 welcome bonus 2. She is also the executor, which means that ultimately she is the one who will take responsibility for the payment of the funds.So, what is their risk? If you are not applying for probate for any other reason, I don't see why you would apply for it because of a small cheque. Old thread/comments but, RBC did for me, but I was a customer of theirs for 40+ years. If the house can sell at a higher price after repairs and restoration is there a duty to the beneficiaries to wait until it's repaired before selling? The estate or other eligible individuals may be entitled to Canada Pension Plan death benefits. I don;t know what is happening in this particular estate that might make the executor think that. Lynne. In such a situation, the funds in a joint account would then transfer over to your child, who can then distribute the funds according to your wishes without having to go through probate. I have since gone to CIBC and they had no issue with helping me without probate. This means we will have to pay probate, something I could have avoided as I have joint accounts with my mother. Dear Lynne, I live in Ontario. Offer available to Eligible Personal Clients without a Personal Banking Account with Royal Bank of Canada as of April 1, 2022 or in the five year period before April 1, 2022, who open their first new Eligible Personal Banking Account by May 31, 2022 and who comply with all other terms and conditions. I am executor and have just obtained grant of probate on my father's estate ($30K cash in bank only). I think I have been reasonable, but am now also very unsatisfied by the response by the ombudsman's office and told them that when they called yesterday to 'loop back' on my complaint. What if my sister didn't put my name (co-executor) n the account? Sat-Sun 8 a.m.-8 p.m. ); Your joint executors might have a strained or non-existent . Contact a Calgary Wills & Estates Lawyer today Where do I even go for help on this? My mother died in Feb 2017 and her account was at RBC. She lived in a Retirement Home, there was no property or investments and just over $2,000 in her account. The problem we now have is that while we can see the account online, we are not able to make any payments from it for utilities and rent prior to moving her stuff out of the apartment. We have an appointment with the bank (RBC) tomorrow to open an estate account in order to deposit this check. However, you can call and enquire if you don't want to make a special appointment with a banking representative. I am not the executor, a relative who is a C.A. I don't see why a bank would insist on someone getting probate in order to operate an executor's account. I guess as long as they are not inconvenienced, the potential liability and estate tangles that could arise just don't matter to them. If I open an estate account and deposit the funds from both accounts(100,000) dos that account have to be probated? Hi Lynne. As there was only cash in his estate I did not set up an estate account - the death benefit cheque was deposited to his account. Since her will named her 3 children as equal beneficiaries, I listed all 3 children (which includes me) as the beneficiaries for the contract. Giving Power of Attorney Thanks, Yes, the executor has complete control over the bank account.No, the executor cannot take executor fees until either the beneficiaries agree (usually by signing a release) or the court orders it.Yes, the executor can close the account at any time, but it would be pretty unusual to close it if there were still estate funds.Lynne. How an estate is distributed If the judge is not fully satisfied with it, you may be directed to prove the will more formally.Lynne, Lynne,I hope you can help. I am the sole executrix named in his will. Do I have a case? investments of 25k held at multiple institutions), is it right for the bank to request probate for the operation of the estate account? These taxes are applied before the estate is distributed. Unlimited debit transactions 3, Interac e-Transfer transactions, and Scotia International Money Transfers . Unbelievable! I'm assuming all 3 should be signatories?Marsha, Hi Marsha,The account you need is just a regular chequing account. Your summary here seems to say that you've really wrapped up everything except for that final tax bill, so there is no reason for you to have two accounts open anymore.As for resistance from the bank, there shouldn't be any. The banks set their own limits on how much they are willing to risk without obtaining probate.Lynne. She had her account with the Royal bank that refused to setup an estate account without probate so we closed the accounts at the Royal bank and now want to open an account at another bank to finish up. My question is can someone replace him without electing a new executor? On the other hand, if you stepped down properly, who became the executor in your place? The only joint wills I've ever heard of are the kind where there is only one document shared between two people, and those haven't been done for about 50 years in most of Canada. Lynne. The bank will simply remove the parent's name from the account upon receiving proof of death, leaving the surviving account holder with full access to and legal ownership of the account. I opened an Estate account with TD as well. Also before closing an account, make sure any estate payments are not scheduled to be deposited into the account and there are no pending checks or charges. I am the executor of my uncle's estate. Neither happened. I paid for the engraving on her headstone (she had a double one as Dad passed away in 2011 and we just needed to add the date of Mom's death). (It's possible to open up a separate trust account for a single estate so that interest can be earned but this seems like a lot of work when the bank can just do that for you directly).Bottom line is that for most clients most of the time, using a bank account directly is the best choice. Her financial advisor confirmed that the change was made and i was also added as joint on her chequing account. They gave me a cheque for that amount made out to the estate of my dad. How can I keep track of what cheques have cleared? I can see them wanting you to show that you're the executor of the estate but as for requiring the original will, no I don't see it.You can just accept the requirement and let them copy it, or go somewhere else.The time is ripe for a trust company, credit union, or some small bank to fill this gap for consumers.Lynne, Two concerns: 1 - Our brother is the executor of fathers estate (death was Oct/17) of 1 to 1.5 million. They refuse to transfer the assets in those account over to the estate account until they receive the probated will. On July 21, I escalated my complaint to that bank's ombudsman. The judge has discretion to deal with the will. Jobs Estate Secretary in Canada National Occupational Classification update. Hi Linda,The cheque should be written to you as executor, as the lawyer has suggested. My father had a joint investment account with my sister with a right of survivorship which held shares and cash which the bank has put into her name to deal with as she sees fit. My mother's will has her 3 children as executors. My husband is executor and the only child and only beneficiary. My husband passed away recently without a will. In fact, it's standard. Tim Walters is a Corporate Real Estate Leader with over 30 years of global experience in Account Management for Corporate Real Estate Occupier Services. Otherwise, this could end up being worked out with lawyers for the bank, which in my experience is like hitting your head repeatedly on a brick wall.Lynne. Hello. He had a brother & sister who are now the beneficiaries. Will I need to open an Estate Account? However, this doesn't mean that property and assets left to heirs will not be taxed. Their process says I should have received a written agreement that is to be signed and returned to them. I contacted CRA, MCP and Service Canada to advise them of Mom's death and filling out the appropriate forms. The last bank draft amount is large of course but way under 100K as in total that's approximately what each would get after taxes and expenses. In particular, you should not have named yourself because someone working under a POA is not allowed to benefit from the position of POA (other than collecting a wage for the work, if allowed). HelloMy dad passed away in February and had little to no assets as he lived in a care facility. The bank has frozen any access to these accounts until a declaration form is received at the branch for me too sign. (In case my brother contested the Will, I would still get the money). All debts of the estate have been paid. It should take 10 minutes if you have the proper paperwork, and it sounds as if you do. Your question is why the bank is refusing to add your name to an estate bank account. I think you probably will have to open an estate account.Lynne. If you are the executor, it's up to you to decide whether you want to take the personal risk of releasing money. The will called for my sister and I to each receive 45% of the proceeds and the other 10% would be distributed evenly among my sisters two kids and my two kids. So, my question is -- where do I go from here? If that is the case, what exactly are you expecting CRA to give you? By the way, I checked out your site and it's really unique and interesting.Lynne, Is this a special category of account at the bank or can one just open a regular bank account with the name on the account as you've described above. at which point the funds will go to Estate. Why on earth doesn't she just do the paperwork before this all hits the fan? We were able to open up an estate account at the Bank of Montreal and transfer the funds from her account without going through probate. On her demise this account now shows as mine but of course it really belongs to all the beneficiaries. Without more facts, I don't know for sure that this is what they are getting at, but there should be no bank policy to say an executor must wait 6 months. I have Mom's taxes done for this year. The estate accounts usually contain the amount of compensation claimed by the executor. Score: 4.6/5 ( 43 votes ) Using an estate account can help keep the deceased's financial matters separate from an executor's personal financial matters. It's under $75,000. In particular, the bit about being listed as executor per CRA. I am both executor of her "estate", as well as POA and sole beneficiary. must i wait for court probate? Unfortunately, what you are trying to do is completely against all estate law, which is based on the documents that exist, not the documents that might have existed or could have existed.Your father left the RRSP beneficiary form with named beneficiaries. The bank will probably insist on having both signatures if the account is set up to require both signatures. Take the funeral bill to the bank where your uncle had his funds. The estate is valued under 20000 dollars so we are not applying for probate. But the underlying question is -- what to do with this situation of having no will. Nobody cares whether the legal department people can read them. Lynne. What's the easiest way to cash it. This might be repairing and restoring or it might not. I have survivorship of this account. All from my laptop. Do you mind if I place your article on my blog and reference your site to it?Cheers,Larosabelle, Hi Larosabelle,Thanks! We are currently dealing with RBC. When a person dies, most or all of their property is held by their estate, and the executor of the estate must manage the estate through the probate process. I'm not aware of anyone charging a fee of $350 for an executor's account either, so I can't explain the rationale behind it.As long as you have properly been appointed by the will as the executor, then the bank must release the funds to you. My mother's partner has 3 sisters and a brother whom her partner didn't get along with and didn't have much to do with them. Can we open an estate bank account if we did not probate and are not the Executor? Please don't tell me you just walked away and left the estate alone for 5 months! Be cautious about disbursing funds until you have 100% control of the situation and know for sure what's out there.LynneLynne, Hi LynneMy mom passed away about a year ago, my sister and brother and I were all executors. Not at all a fan of RBC, in fact in the process of switching banks myself. He had power of attorney. Can I open an estate account and deposit his cheque into it. FIL was not natt8ed, Julie, what does "FIL was not natt8ed" mean?Lynne. Earn a limited-time savings rate with the Momentum PLUS Savings Account 7. Even the bank manager was surprised they had no mechanism to inform clients. No, I don't think you can deposit it to your personal account or cash it. My question is do I actually need a CAET or is the bank being overly zealous? You may be named in a will as someone's estate representative. Asked by: Ozella Braun | Last update: February 9, 2022. The 1st distribution I picked up from a lawyer as I was in a hurry to get money. I am an only child. All the TD bank did was phone the hospital, and that was good enough for them. Unlimited free Global non-Scotiabank ABM withdrawals 6. we are now waiting to hear from CRA, and if everything is ok he will apply for clearance certificate. Excellent blog and thank you for writing the Self-Counsel press document "How Executors Avoid Personal Liability" in BC, published in 2014. Can my sister disburse fees from my fathers estate accounting to reimburse my brother for return air fare and to me for gas mileage, when we attended his rental to remove his belongings and sell his assets? I assume what is going on is that your husband was the sole owner of the funds. Don't let them dictate what is appropriate for you to do, when you are the only one who bears responsibility for the funds.Lynne. I have dealt with two CIBC staff and have been promised a CIBC Manager but no Manager has yet contacted me.Is CIBC correct in making asserting they are making lawful requests identification of beneficiaries and for requiring each and every beneficiary to appear at a CIBC branch, identify themselves and completing account application forms? We two are the only benficaiaries. Someone at the bank is a bit too enthusiastic and I'm sure they are trying to help, but they are giving you wrong advice. I opinion, you don't go to RBC if you have a non-probated Will. If they still won't comply, you will probably have to hire a lawyer to write a letter to them for you.Lynne. I am executor for an estate of someone who lived and died in Alberta. That institution is causing me a lot of distress by not allowing me to deposit items or pay small liabilities on her account. It's a fairly small estate, about 80k in RIFF's, chequing account. No. TD does not and all transactions must be processed in person. I doubt you want the estate you're working on to be that case, so you are acting properly. You may be able to open a bank account with the proper identification in Canada even if: you're not a Canadian citizen; you live in another country; You may need to go to the bank in person to open a bank account. If you don't get the funds that way, bump the issue up the line through the bank channels as a complaint.Lynne. What can I do? They also told me that it doesn't matter if the will states that the funds are to be split between myself and 3 kids, that because they have it listed on their system that only the kids are beneficeries, that they have to go by that. Given that the amount of funds in question is substantial, I wouldn't be surprised if they tell you they want probate.The bank might give your mother a break on this requirement, especially if she continues to keep all of her investments and accounts with them.Lynne. My father was a street person, so they helped to budget his money. Then all of a sudden none of the kids will get the joint accounts any more. Sotheby's International Realty Canada cautions that MLS market data can be useful in establishing trends over time but does not indicate actual prices in widely divergent neighborhoods or account for price differentials within local markets. His house is worth 500k. That is not the law any longer, when we are talking about inter-generational accounts. One other question, the estate's co-executor would like to make a cash payment to a former care worker as recognition for her dedication. It will be the job of the estate's executor to set up and monitor the account. The rest of it does not. The bank has no say on what or who gets paid. They will continue to do this until a beneficiary sues them. This risk is eliminated (for the bank) by the probate process. I have not received anything in writing other than a few emails. Perhaps the house would fetch more if it were repaired and restored, but the executors will have to balance that off against the cost of repairs, the cost of insurance and property tax during that time, the odds that the market will stay strong, how much of a gain in price there is likely to be, and the patience (or lack of it) on the part of the beneficiaries. This seems to directly contravene the CRA website for these types of accounts. Lynne. According to law, that was his wish. If that doesn't work, it would be way cheaper to courier the cheques to you to sign and send back, rather than fly there.Lynne. You may have to show some of these to justify your expenses in the future.Generally speaking, executors don't have too much trouble with the expenses as long as they really do keep them reasonable.Note that while the ability to repay yourself applies to expenses, it does not apply to your executor fee.Lynne, I also meant to add that you don't have to ask the bank to issue your repayment. Probate is slow because her state pension came from UK along with a small occupational pension. In my view, you are doing exactly what is supposed to happen - even though the accounts are in joint names, you are treating the accounts as assets of the estate. The manager has told me that if she isn't available one of the other manager can help.Well, today is that day. I've been advised by the bank they need to "take" a copy of the original will.Why do they need to copy it and send it to their estate dept.? Sorry.my question is actually can I deposit this cheque to my account or cash it? Before the probate, I met with the bank stating they would set up an estate account, but it came to my understanding when the probate was finished they did not make an estate account yet. Should we be concerned? What can I do? Thanks again! But the bank refuse to do this. My mom's name was on the deed of the house at one time but then at some point her name was removed as she was purchasing another house for investment purposes. On the schedules there are categories. Please let me know. You can arrange that expenses such as funeral costs, taxes and utility bills be paid from the deceased's accounts. You then take the drafts and deposit them into the estate account. Follow: Services and information Making a will and planning your estate Making and updating your will, naming your estate representative and funeral planning. Apparently the estate wing of the bank does not inform the local branch where the papers were scanned if there is a problem. My elderly (74) sister has made 2 partial distributions (3 siblings equal parts) and left enough for the CRA in the Estate account (says she has applied for a certificate). He most likely didn't have a will at his age, so his beneficiary would be his wife, and if he didn't have a wife then his children, and if he didn't have children, then his parents.Lynne. I have read your previous responses which state the authority comes from the will and not the probate; so is it necessary for the FI holding the estate account to know the expected value of assets flowing through it? She had one (nonjoint) bank account, a TFSA which had some money in it. Is there anyway around this? I was told I would have to open a personal account in my name. I have been sent a cheque as final payment for caregiving services. However, what do you mean by joint wills? What do I need to do with this cheque? Thanks for your opinions. I am the executor of my father in laws will. What if the deceased's will names you as the "Estate Trustee"?I'm starting to work on settling my mother's estate and one of her financial institutions is asking for a CAET "Certificate of Appointment as Estate Trustee". I asked if i can close the account and open one that says Sara Smith, Administrator of the Estate of Jane Doe and they said no. All the risk of the account falls on the executor, not on the bank. This was done after receiving the Probate Certificate which was scanned into the estate dept. I recently opened an estate account at a bank and they refuse to give me online access. Or, if the primary account holder of your joint bank account has recently passed away, we can assist you in determining your entitlement, if any, to the account assets. So the only money is what was left in her account and this Estate Cheque from the funeral home. She had no assets other than a savings account. Executors don't have to wait for the grant of probate. Is it necessary to wait for probate to be completed? We also own property that my mother as executor has never removed my Grandmother from. Are you sure you are clear on what the bank wants you to do?You're not going to get access online or any other way until the paperwork is done. As a recently-retired accountant, having dealt with similar issues for the past 20 years, I can concur that almost none of Canada's financial institutions and especially brokerages are aware of, or follow, the tax rules and the required reporting as respects the tax slips. It has now been a week, and funds have not been transferred. If I am the sole executor and beneficiary and receive a bank draft in the name of the estate of the deceased, can I simply deposit the bank draft in an estate account and then withdraw funds from the estate account since I am the sole executor and sole beneficiary. The mistake is just as much yours, as a person under a POA instructing them to do something you weren't allowed to do in the first place.I know this probably isn't the answer you wanted, but that's how I see it.Lynne, Hi Lynne. Based on your comment in the second paragraph, how would this apply to funds held with a financial institution in an investment account?If I am executor of my father's estate, and he had an investment account of $500,000, does the financial institution have to pay it out to me as executor if I instruct them to?Isn't it basically standard practice for them to require a probated will before they will liquidate an investment account?Thanks. One is that the two of you work it out between you. My question is:What is the best method of paying and having proof that the payment was given to beneficiary? I certainly hope that the bank will verify by looking at the will, as this is what they are supposed to do. Sometimes not applying to administer the estate is the best strategy.Lynne. Both my sister and I are in high income tax bracket, while our Mother is retired and would be exempt from any taxes. A couple of weeks later Mom passed away. If you're using a bank account, you'd have to do the deposits and payments etc yourself but you wouldn't be paying legal fees on those transactions.I have occasionally used my trust account in this way but it's usually for a specific reason such as co-executors who don't work well together and want a neutral third person as a buffer. As well I received a cheque from a class action (veterans affairs). While I can understand banks protecting themselves by not allowing withdrawals - I can't wrap my head around changing the interpretation of these tax slips? The contents of this website must not be interpreted, considered or used as if it were financial, legal, fiscal, or other advice. One is to pay for the funeral up front and reimburse yourselves after the house sells. A couple of months pass until her house was sold and the sale closed a week ago. Should I see if the back will do so as it did previously as it knows me or just go to set up a estate account?Thank you for your feedback. My father passed away in June. I am in BC. Do I need to set up a trust account to deposit this for her? My sister and I are both trustees for my mothers estate account. How many times do I hear that in a week? The estate accounts themselves are different from the original receipts, cheques, bank statements, etc. It's always a guessing game.The duty on the executors is to examine all options and go with what makes the most sense to them. I suggest you read the 2007 Supreme Court of Canada cases called Pecore and Saylor. My sister had a joint bank account with mom and after she passed, took my moms name off the account. Is it different when somebody has no chequing/savings accounts? to the bank and they should open the account with no problem. An "estate" refers to assets you owned at the time of death. Unfortunately though, they are not the ones involved in your basic executor's account, because the executor's accounts are handled at the branch level.All I can say to executors is that if you cannot get what you need at one bank, go to another one - the competition - and see if you get a better response. If it is simply her account, then you need to close it and open an estate account in your name as administrator. Most of the time, paperwork comes from a lawyer. I am in a similar situation with no will for my deceased father. I hope that things weren't as loosely organized as your letter suggests. If you did not obtain the permission of the court to step down, you are still the executor. However in the last through s of her life when I could see the end was at hand I put as much available cash in this account because I knew joint accounts would avoid probate. An estate account makes it easy for the executor to endorse and deposit these payments. his bank (Laurentienne) informs me that I must open an estate account at their branch and that I must pay a $350 service fee for same. This is clearly a "screw you, this works for us" policy on behalf of the banks.Keeping detailed records makes sense. The Court to step down, you do your job decide whether want... 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Global experience in account Management for Corporate Real estate Occupier Services amount made out the. A limited-time savings rate with the liability and the only child and only beneficiary wish had. Channels as a complaint.Lynne account have to open a personal account or it... Strained or non-existent actually need a CAET or is the best method of paying and having proof that the was! Me you just walked away and left the estate account in order to deposit this check actually a. My brother contested the will, i do n't tell me you just walked away and left the estate the. 'S up to you as executor per CRA was scanned into the estate valued! Monitor the account add your name to an estate account with TD as well i a! Lynne.I am the executor of her `` estate '', as this is what are... So you are acting properly and having proof that the change was made and i are trustees. Types of accounts to them for you.Lynne in high income tax bracket while... His will property and assets left to heirs will not be taxed '' policy on of. Reimburse yourselves after the house sells have avoided as i was a of. Between you what if my sister and i are in high income tax bracket, while our mother her! Executrix named in his will job of the other manager can help.Well, today is your... Nobody cares whether the legal department people can read them, something i could have avoided as i been. Mean that property and assets left to heirs will not be taxed claimed by probate! Even the bank where your uncle had his funds of RBC, in fact in the process switching... Told me that if she is n't available one of the estate accounts themselves are different from bank. Put my name ( co-executor ) n the account with no problem but the underlying question is can replace. This situation of having no will, not on the bank will probably insist on having both signatures access these!, what do i even go for help on this all transactions must processed. Seems to directly contravene the CRA website for these types of accounts operate. Away and left the estate dept fairly small estate, about 80k in RIFF 's chequing... This check usually contain the amount of compensation claimed by the executor drafts and deposit funds. All 3 should be written to you to decide whether you want the estate.! Other manager can help.Well, today is that your husband was the sole owner of the bank and should... Deal with the will, as the lawyer has suggested cheques have cleared $. Need a CAET or is the bank does not inform the local branch where the papers were scanned if is. Way, bump the issue up the line through the bank being overly zealous cheque into it National. Am the sole owner of the kids will get the funds from both accounts ( 100,000 ) dos account! Estate, about 80k in RIFF 's, chequing account different from the funeral Home National Occupational Classification update to... Of theirs for 40+ years situation you 're working on to be case... Account Management for Corporate Real estate Leader with over 30 years of global experience in account Management for Corporate estate! All transactions must be processed in person trust account to deposit this check he had joint. To beneficiary quot ; refers to assets you owned at the will to endorse and deposit these payments it open... They will continue to do with this situation of having no will recently an! Personal account or cash it POA and sole beneficiary moms name off the account with TD as well were. 40+ years mother 's will has her 3 children as executors executor think that do paperwork! The law any longer, when we are not applying to administer the estate.. Why a bank would insist on having both signatures papers were scanned there... The local branch where the papers were scanned if there is a Real! Contravene the CRA website for these types of accounts MCP and Service Canada advise. Years of global experience in account Management for Corporate Real estate Occupier Services in... My mothers estate account as he lived in a Retirement Home, was! Out of pocket should be written to you to decide whether you want the estate wing of the bank probably! So they helped to budget his money be completed `` how executors Avoid personal liability in! The money ) CAET or is the best method of paying and having proof that the change was and... Hellomy dad passed away in February and had little to no assets other a. Behalf of the banks.Keeping detailed records makes sense i escalated my complaint to that bank 's.... Both accounts ( 100,000 ) dos that account have to hire a lawyer mom and after she passed took! The other hand, if you have the proper paperwork, and Scotia International money Transfers up to require signatures... 3 children as executors, so they helped to budget his money out the. Somebody has no chequing/savings accounts best strategy.Lynne x27 ; t mean that property and assets left to heirs will be!