My husband died recently. His pension is sending a check "to the estate of ..." I do not want to go through probate. The amount is under $1,000. The bank account is joint with mine and his name still on it. How do I endorse the check "for deposit only?" Do I sign it, and once deposited, can I still use that portion of the money?
Untitled
If you are the only person to benefit from your husband's estate, ask the party that issued the pension payment if the check can be reissued in your name. Whether or not they will be able to do that will be constrained by the language of the pension agreement. The bank account is legally only in your name at this point, regardless of the bank's records, so depositing the check there would not be correct.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
If you are the only person to benefit from your husband's estate, ask the party that issued the pension payment if the check can be reissued in your name. Whether or not they will be able to do that will be constrained by the language of the pension agreement. The bank account is legally only in your name at this point, regardless of the bank's records, so depositing the check there would not be correct.
