Legal Question in Wills and Trusts in California
Out of state accounts
Decedent was a California resident (10+ years). All Assets were covered by a trust except for a bank savings account in New
York under 50K. New York bank Lawyer says this has to go through probate. Shouldn't the California Affidavit for collection
of personal property be sufficient for New York to transfer funds to me?
Asked on 12/07/07, 1:30 pm
1 Answer from Attorneys
Mitchell Roth
MW Roth, Professional Law Corporation
Re: Out of state accounts
Yes. The affidavit is a summary probate process in California. You should refer the NY Bank lawyer to the statute in California.
Answered on 12/07/07, 1:45 pm
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