This form is a sample letter in Word format covering the subject matter of the title of the form.
Account Estate Bank Withdrawal In Philadelphia
Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-0034LTR
Format:
Word;
Rich Text
Instant download
Description
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FAQ
State laws typically govern the specific timeframe for keeping an estate open after death, but the average is about two years. The duration an estate remains open depends on how fast it goes through the probate process, how quickly the executor can fulfill their responsibilities, and the complexity of the estate.
If you are indeed designated as a beneficiary on the account, the bank will release the contents of the account to you. If you are unsure where the decedent banked, you may consider asking the decedent's family members, the executor/administrator of their estate or the trustee of their trust.