I want to close out his credit union account of 1,600. They said I'd need a Letters of Testamentary. There isn't going to be any probate involved. I was wondering how much this letter would cost & can I get it the same day? Thank you.
Call around to the local estate attorneys in Bangor--fees will vary from office to office.
Dear Madam or Sir in Maine:
If there is a Will or not, your local Surrogate's Court will have a SMALL ESTATES PROCEEDING. You should apply for it and supply what the Court wants. Typically, they will need the certified Death Certificate, the original Will if any, a copy of the papers showing the 1,600 in the Credit Union, any funeral bills showing who paid them, etc.
In New York it costs one dollar, (estates under 30,000),; we don't think you are facing a big expense. You should expect a quick response from the Court
The foregoing is based on the little information provided; additional facts may change the comments given.
Maine has a procedure for transferring small amounts of assets of a decedent that doesn't require opening a probate action. it is done by an affidavit signed by the successor to the decedent stating that: (i) the value of the entire estate is less than $20,000; (ii) thirty days have elapsed since the date of death of the decedent; (iii) no application for appointment of a PR is pending or granted; and (iv) the person signing the affidavit is entitled to payment. (18-A MRSA 3-1201 et seq)
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