The bank holding my deceased mother’s CD will not distribute the funds to her estate without her Will being probated. Can the bank require my family to go through this process?
If your mother held the CD in her own name only (not in a joint account with right of survivorship), a bank may require you to probate her Will (or at least go through an abbreviated process if qualified under Washington law). Although you may state that the document you bring into the bank is your mother’s actual Will, without a probate process the Will is not “proved.” The bank would risk disbursing funds to someone who may not be entitled as a beneficiary.
Related Questions
- The bank holding my deceased moms Certificate of Deposit [CD] will not distribute the funds to her estate without her will being probated. Can the bank require my family to go through that process?
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