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It's common when a family member attempts to handle the affairs of their deceased loved one, that the family member is told they cannot get any financial information of the deceased, and they certainly can't get access to frozen accounts without "Letters."

These "Letters" can be called many different things: Letters Testamentary, Letters of Administration, Letters of Independent Executorship, Letters of Independent Co-Administration, Letters from the Court, etc.

Think about it. Financial institutions cannot release financial information of a deceased customer just because a family members asks for it. And financial institutions certainly don't want the liability that comes from releasing a deceased's funds to the wrong person or people.

When someone dies with a Last Will that names an executor, the executor often will be required to work with an estate attorney to prepare the appropriate court pleadings which get signed by the appropriate judge. Then, and only then, will financial institutions, such as banks, credit unions, and brokerage firms, release information and funds to the executor to be held in an estate account while the estate is being settled.

For prospective law firm clients who want to schedule a free 15 minute initial phone call with Paul Rabalais, go to: https://go.oncehub.com/Paul8

This post is for informational purposes only and does not provide legal advice. Please do not act or refrain from acting based on anything you read on this site. Using this site or communicating with Rabalais Estate Planning, LLC, through this site does not form an attorney/client relationship.

Paul Rabalais
Estate Planning Attorney