I received a check for hospital insurance made out to the estate of my deceased husband. I have already paid the bill for the hospital. Can I deposit this check into my checking account which is still under both of our names?
The short answer here is that the check must be deposited into the estate account. The estate is the legal entity that is entitled to deposit such check. You need to establish an estate by going to the register of wills in the county of your husband and probate his will to get letters testamentary. With the letters and getting an EIN for the estate, you can establish an estate bank account.
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Mr. Fromm is licensed to practice law in PA with offices in Philadelphia and Montgomery Counties and services clients in all parts of Pennsylvania. He can be reached at 215-735-2336 or at the email address listed below. He has received a 10.0 rating from AVVO and recently was featured as a 5Star Wealth Manager in the Philadelphia Magazine, November 2009 issue on page 123.
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