My question involves estate proceedings in the state of: Nevada
I was appointed Executor of the estate in the Last Will and Testament of a long time friend who passed October 2nd this year while under hospice care at the assisted care facility where she had lived for the last several years. I had been designated Durable Power of Attorney for Finance and Health Care Decisions, which I understand expired upon her death.
I notified Social Security, the VA, the Retired Pay Department of the US Army and her bank within 48 hours of her death. I was advised to leave her checking account open until after the 1st of November in the event a deposit were to be made by one or more of the three agencies listed above in error. With the account open, any monies deposited in error could be recouped by the sending agency. A copy of all three documents were provided to management personnel of her bank and the facility where she lived three years ago.
Her monthly rent was paid via a direct debit submitted during the first week of each month to her bank. The debit was paid from her checking account on which she was the sole owner. She had no next of kin and owned no property. A "Refund" check, issued on October 16, 2018 by the corporate office of the facility where she lived was presented to me, as her Executor, on 01 November, 2018. The amount of approximately $3,100.00 was what remained after the expenses assessed had been deducted from her monthly rent which had been collected via direct debit earlier in the month. The check drawn on a bank located on the East coast only was made payable to the deceased, C/O myself. Instead of my full name, only my middle and last name were printed. I took the check, death certificate and the Will showing myself as the Executor it to my bank and was told they would not accept it for deposit nor cash it. They suggested I take it to her bank where her checking account was still open.
I went back to the facility that had given me the check, the Finance Officer there said it would be virtually impossible to get her corporate office to reissue the check. She suggested that I deposit the check into the deceased's account bearing my endorsement only, then after the check has cleared, as the acting Executor and sole beneficiary of my friend's assets and all belongings, close the account and be on my way. Please advise if this is the way to handle this, if not, could you recommend a course of action? I do not look good in black and white stripes! Thank-you for any guidance you might be able to provide.
I was appointed Executor of the estate in the Last Will and Testament of a long time friend who passed October 2nd this year while under hospice care at the assisted care facility where she had lived for the last several years. I had been designated Durable Power of Attorney for Finance and Health Care Decisions, which I understand expired upon her death.
I notified Social Security, the VA, the Retired Pay Department of the US Army and her bank within 48 hours of her death. I was advised to leave her checking account open until after the 1st of November in the event a deposit were to be made by one or more of the three agencies listed above in error. With the account open, any monies deposited in error could be recouped by the sending agency. A copy of all three documents were provided to management personnel of her bank and the facility where she lived three years ago.
Her monthly rent was paid via a direct debit submitted during the first week of each month to her bank. The debit was paid from her checking account on which she was the sole owner. She had no next of kin and owned no property. A "Refund" check, issued on October 16, 2018 by the corporate office of the facility where she lived was presented to me, as her Executor, on 01 November, 2018. The amount of approximately $3,100.00 was what remained after the expenses assessed had been deducted from her monthly rent which had been collected via direct debit earlier in the month. The check drawn on a bank located on the East coast only was made payable to the deceased, C/O myself. Instead of my full name, only my middle and last name were printed. I took the check, death certificate and the Will showing myself as the Executor it to my bank and was told they would not accept it for deposit nor cash it. They suggested I take it to her bank where her checking account was still open.
I went back to the facility that had given me the check, the Finance Officer there said it would be virtually impossible to get her corporate office to reissue the check. She suggested that I deposit the check into the deceased's account bearing my endorsement only, then after the check has cleared, as the acting Executor and sole beneficiary of my friend's assets and all belongings, close the account and be on my way. Please advise if this is the way to handle this, if not, could you recommend a course of action? I do not look good in black and white stripes! Thank-you for any guidance you might be able to provide.
Estate Assets and Debts: How to Cash a Check Made Out to the Deceased "C/O" Myself
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