Legal Question in Wills and Trusts in New Jersey

Estate Law

My mother passed away July 2003, I am her oldest daughter and her POD on her bank account; I have written to her credit union after discovering she has over 6,000, and no one has informed the family of these monies.

I need to know if a demand letter from an attorney is all I will need to obtain her money.

I have sent 2, letters (Priority mail with signed receipt_ they have both been accepted, but I still have no response from the credit union, which is in New York.

I sent the necessary paperwork, her corrected death certificate, and (copies) of my birth certificate.

How much would a demand and release letter cost.?


Asked on 3/10/09, 2:13 am

2 Answers from Attorneys
Scott Linden Scott H. Linden, Esq.

Re: Estate Law

Thee may be alittle more to it than that, the credit union might be thinking they need Letters Testimentary issued by the Probate Court, but if what you describe are the total assets, then this should not be necessary. Often, the banks and credit unions need a little schooling on the laws.

Our firm specializes in wills, trusts, estates and Probate so I am certain we an assist you. The cost would be based on an hourly rate.

Pleas feel free to contact me directly at the email provided by LawGuru or through our firm's site at PasadenaEstatePlanning.com.

-Scott

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Answered on 3/10/09, 2:46 pm
Michael Berman Law Offices of Michael A. Berman

Re: Estate Law

I am a little confused as to why you are asking for a NJ attorney. Did you Mom live in NJ at the time of her death? Was her Estate ever probated?

When you say you are listed as POD on her bank account, did it include the account with the credit union? How exactly was the credit union account titled?

I'd be happy to help, and my fees are very reasonable, but I need some answers. It may be best to talk on the phone, but if you feel you can accomplish this by e-mail, by all means, go ahead and provide me some detail. I practice in both PA and NJ.

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Answered on 3/10/09, 7:02 am


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