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Post by pdsmith777 on Jun 18, 2018 17:03:45 GMT
Opinion poll:
What is the proper interim to wait before cleaning out a deceased friend's bank account?
I think the question should be "What is the legal amount of time you have before the bank decides to super-glue it to their greedy little paws?"
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Post by SunshineBoozer on Jun 18, 2018 18:23:22 GMT
Opinion poll:
What is the proper interim to wait before cleaning out a deceased friend's bank account?
I think the question should be "What is the legal amount of time you have before the bank decides to super-glue it to their greedy little paws?"
In this instance, her "best friend" waited a full 15 hours after hearing she was dead, to clean out the account.
Then had the nerve to look to the executor and heirs (from whom she effectively stole the money) for solace at the wake & funeral.
Pillar of the church my shiny hiney.
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Post by llyan on Jun 18, 2018 18:28:25 GMT
I think the question should be "What is the legal amount of time you have before the bank decides to super-glue it to their greedy little paws?"
In this instance, her "best friend" waited a full 15 hours after hearing she was dead, to clean out the account.
Then had the nerve to look to the executor and heirs (from whom she effectively stole the money) for solace at the wake & funeral.
Pillar of the church my shiny hiney.
How did the 'best friend' have access to the account? Unless the best friend was on the account, cleaning out the account is theft. The executor technically owns that money until it can be disbursed to the beneficiaries of the will.
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Post by SunshineBoozer on Jun 18, 2018 19:22:27 GMT
How did the 'best friend' have access to the account? Unless the best friend was on the account, cleaning out the account is theft. The executor technically owns that money until it can be disbursed to the beneficiaries of the will.
Because of physical limitations, a convenience account was set up. "Best friend" could write checks etc., for the running of the household. But, it is still the property of the deceased and his/her estate. It is a legal distinction that the bank is not required (or inclined) to uphold, two names on the account, two names can access the account.
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Post by terrij58 on Jun 18, 2018 19:34:59 GMT
Opinion poll:
What is the proper interim to wait before cleaning out a deceased friend's bank account?
I'd give it enough time for any check or automatic payments to be in. Also cancel automatic ASAP. That is what my oldest brother (he was executor) did when my Dad died. And my in-laws did the same thing.
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Post by terrij58 on Jun 18, 2018 19:38:02 GMT
I think the question should be "What is the legal amount of time you have before the bank decides to super-glue it to their greedy little paws?"
In this instance, her "best friend" waited a full 15 hours after hearing she was dead, to clean out the account.
Then had the nerve to look to the executor and heirs (from whom she effectively stole the money) for solace at the wake & funeral.
Pillar of the church my shiny hiney.
Wow--Glad she isn't my friend. That kind of person is what I call an A$$ H@!*.
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Post by llyan on Jun 18, 2018 21:06:37 GMT
How did the 'best friend' have access to the account? Unless the best friend was on the account, cleaning out the account is theft. The executor technically owns that money until it can be disbursed to the beneficiaries of the will.
Because of physical limitations, a convenience account was set up. "Best friend" could write checks etc., for the running of the household. But, it is still the property of the deceased and his/her estate. It is a legal distinction that the bank is not required (or inclined) to uphold, two names on the account, two names can access the account.
If the best friend cleared out the account, it makes me wonder if they weren't stealing from the account prior to the death their 'best friend.' If I were the executor of the estate, I'd get a copy of the bank statement and check over every transaction since the 'best friend' was added to it and then take appropriate actions if they were stealing.
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Post by pdsmith777 on Jun 18, 2018 21:39:35 GMT
Now that the full story is out there, it's still a legal question, although, a different legal question. Clearly the "friend" took what wasn't hers. I'm sure legal proceedings can secure the funds, but I'm wondering if the amount will be with worth the legal trouble, fees, court costs, etc.
I'm familiar with this type of "joint" account. It's tricky and, in my opinion, dangerous. If you can avoid this type of "care" for loved ones, you need to do so. There's no telling what else the family may have lost to this "friend".
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Post by SunshineBoozer on Aug 23, 2018 15:56:19 GMT
My new Baby Girl is on her way!
Hopefully, her new brother & sister (profile pic) will e polite and welcoming.
And, yes, when she's grown they will be "triplets".
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Post by usmcbrat on Aug 23, 2018 19:14:44 GMT
My new Baby Girl is on her way!
Hopefully, her new brother & sister (profile pic) will e polite and welcoming.
And, yes, when she's grown they will be "triplets".
Mazel Tov!
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Post by llyan on Aug 23, 2018 19:37:25 GMT
Congrats on the new kitty! Kittens are so much fun (and crazy!) I just finished building shelves for my cats. Now hopefully they won't climb on my television!
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Post by ballerina on Aug 23, 2018 19:50:04 GMT
My new Baby Girl is on her way!
Hopefully, her new brother & sister (profile pic) will e polite and welcoming.
And, yes, when she's grown they will be "triplets".
Congratulations on the new kitty!
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Post by luckysmom on Aug 24, 2018 1:30:13 GMT
Congrats on the new kitty! We have not had cats, always dogs but my daughter would love a kitten so you never know!!
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Post by SunshineBoozer on Aug 27, 2018 16:40:04 GMT
Congrats on the new kitty! We have not had cats, always dogs but my daughter would love a kitten so you never know!!
It's a big adjustment to going from Deity to Staff.
On the plus side, you don't have to walk cats in whatever weather Mother Nature throws your way.
Book (m/12) is fairly indifferent to Kaylee. Zoë (f/3) is very curious about her. Unfortunately, Kaylee hisses every time she gets close enough to say hi. Which sends Zoë scrambling for under the bed.
Early days, they'll adjust and calm down shortly.
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Post by Hari Seldon on Aug 28, 2018 21:17:17 GMT
Congrats on the new kitty! We have not had cats, always dogs but my daughter would love a kitten so you never know!! It's a big adjustment to going from Deity to Staff.
On the plus side, you don't have to walk cats in whatever weather Mother Nature throws your way.
Book (m/12) is fairly indifferent to Kaylee. Zoë (f/3) is very curious about her. Unfortunately, Kaylee hisses every time she gets close enough to say hi. Which sends Zoë scrambling for under the bed.
Early days, they'll adjust and calm down shortly. Somehow I have a feeling your cats would become very Mal-adjusted if you were to Wash them in the River...
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