Follow
Share
Find Care & Housing
Is there some secure way to pay that isn't a check? For example, could the trustee get a bank account number for the person and notify them they are doing a direct deposit? The bank provides a receipt so that is proof that the money was received. How old is the person who isn't cashing the check? I've discovered that a lot of younger people no longer use checking accounts the way us "oldsters" do, and only use debit card and not actual checks. For several years now I've had Christmas checks that were never cashed by adult grandkids (20s-30s) because they rarely go to the bank, do not use paper checks, and do everything online.
Helpful Answer (0)
Reply to newbiewife
Report

Why won't they. Have you explained that the estate needs to be closed out and can't be until that check is cashed. Are the contesting the amount? Like said, you may need an attorney.
Helpful Answer (1)
Reply to JoAnn29
Report

Won't cash it or can't cash it (because they lost it)? Do you have proof they received the check (did you hand it to them, or did you send it return receipt snail mail?)

I agree with Alvadeer that you need to get professional guidance on next steps.
Helpful Answer (0)
Reply to Geaton777
Report

Nobody has to ever cash a check.
Checks last a certain amount of time.
Normally a check lasts for 6 months whether it is cashed or not.
However, if a beneficiary doesn't cash his check that doesn't mean that the Executor and the Trust do not OWE the beneficiary the bequest of the Trust.

As Executor you would follow the rules of your state in order to trace down why checks aren't cashed and etc., as before you can close out a Trust these things must be done.

As this is a unique case and question involving LEGALITIES, a Trust, and finances I would get this cleared by a Trust and Estate Attorney. As you know, if you are acting as Executor, this is paid for by the Trust and Estate.

Best of luck.
Helpful Answer (1)
Reply to AlvaDeer
Report

Ask a Question
Subscribe to
Our Newsletter