Thought I'd pass this along. As many of you remember, mom passed ten days ago. She will be getting an insurance rebate on the house she just sold of around $500, made out to her. How to cash it? I won't be able to without much ado.
I will, however, simply go to her bank, write For Deposit Only on the back along with her account number, and put it in the deceased person's account. I won't be signing her name. It isn't necessary.
Be in no hurry to tell the bank that your loved one has passed. Things come to a screeching halt at banks when you do this.
Just thought I'd pass that along.
Before you try to access any of your deceased loved one's accounts, be sure you have the death certificate in hand and have spoken with your attorney to see if there's anything special you need to do.
Banks almost want to strip search you when you're laying claim to someone else's money, so be prepared.