FAQ Friday: Wills and Letters of Administration

On Friday, February 17th, attorney Steven M. Berger discusses why banks might request letters of administration when a Will already exists.

You can’t just bring the Will to the bank and get a check and be done with it. In the U.S. systems, a Will must be proven which can be done by bringing it to the register of Wills office.

If there are questions, it will end up in probate court where it will need to be accepted, that it was properly executed.

This can address possible instances of elder abuse. This also allows time for creditors to be informed as they have a right to the estate prior to beneficiaries.

There are 6 months to object to the Will.

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