Legal Question in Wills and Trusts in Georgia

assets

can an executor of a will remove money from banks and cash in cd's before the will is even filed for probate ? he is not an authorized signer on any of the dead person's accounts.


Asked on 7/04/07, 7:50 pm

2 Answers from Attorneys

Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Re: assets

Since you have posted and reposted the same question without yet giving needed information (the amount withdrawn and how the person was related to the deceased) your question cannot be answered. If he is related in certain ways, and depending on the amount and how the account is set up, he may be able to access some funds. It's pretty certain you lack all the facts, as banks will require compliance with the law before releasing funds.

Read more
Answered on 7/04/07, 11:05 pm
Robert Thompson J. Robert Thompson Attorney

Re: assets

If the executor is also next of kin, a limited amount may be withdrawn for proper purposes.

Otherwise, no.

Even if funds can be withdrawn, the executor may be held accountable for improper use of the funds.

Read more
Answered on 7/05/07, 9:40 am


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Georgia