Summary
To access a deceaseds bank account in Mississippi, you must be appointed as the executor of the estate. If theres no will, assets are distributed equally among heirs. A probate attorney can guide you through the process, including whether the house needs to be sold.Full Conversation
My father died yesterday will the bank let me draw his money out of the bank to buried my father
I'm sorry for your loss, James. To provide accurate information, could you let me know your location please? Different jurisdictions have different rules regarding deceased's bank accounts.
Miss
I am sorry for your loss, James. In Mississippi, you would typically need to be appointed as the executor of the estate to access your father's bank account. It's recommended to consult with a probate attorney for guidance.
Madison Mississippi
I'm sorry for your loss, James. In Madison, Mississippi, the process is as follows:
- Apply for 'Letters Testamentary' to become the executor.
- Settle the estate, which may include paying debts and taxes.
- Distribute remaining assets according to the will.
A local probate attorney can guide you through the process.
I have a sister
I understand, James. Does your sister share the inheritance with you or is she named as the executor in your father's will? This information can affect how the estate is managed.
As far as l know
Thank you for the information, James. If your sister is a co-heir, she has equal rights in the estate. If there's no will, the estate will be divided equally between you two under Mississippi law. Consult a probate attorney for detailed guidance.
I will assume she is would we haft to sell the house as far as l know there not a will
In Mississippi, if there's no will, assets are distributed equally among heirs. If the house is part of the estate, it doesn't necessarily need to be sold. However, if an agreement can't be reached, a court may order it sold. Consult a probate attorney for guidance.
Ok thank you
You're welcome, James. If you have any other questions or need further clarification, feel free to ask. We're here to help.