Can I set up an estateaccount or do I have to have a lawyer or financial advisor do it?
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If you have all the required documentation, you should be able to set the account up at a bank of your choosing without professional assistance from an attorney or financial advisor, although if there are special circumstances involved in the estate, you may wish to involve such a professional. The bank will want a certified copy of the decedent's Death Certificate and of your appointment as the executor or administrator of the estate. The latter is sometimes referred to as "Letters Testamentary." A copy of the decedent's Will is not sufficient evidence of your authority to represent the estate.
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If you have all the required documentation, you should be able to set the account up at a bank of your choosing without professional assistance from an attorney or financial advisor, although if there are special circumstances involved in the estate, you may wish to involve such a professional. The bank will want a certified copy of the decedent's Death Certificate and of your appointment as the executor or administrator of the estate. The latter is sometimes referred to as "Letters Testamentary." A copy of the decedent's Will is not sufficient evidence of your authority to represent the estate.
