Legal Question in Wills and Trusts in Pennsylvania

Re: cd,s

If your mother's CD's are "In-Trust" for you and your brother, then you can go to the bank with one of her certified Death Certificates and close out the accounts. However, please be aware that such holding are still subject to Pennsylvania inheritance tax and such a return will still need to be filed on behalf of her estate. Likewise, are the CD's the only assets that she owned at the time of her death? Did she have any other accounts, stocks or real estate holdings? If so, you and your brother may actually have to probate her estate. If you need help with this matter or would like to discuss it further with me, please feel free to contact me through our website at www.americanwillsandestates.com or by email at [email protected]. We have five offices in Western Pennsylvania, but we have represented and assisted clients across the state of Pennsylvania.

Sincerely,

Lloyd A. Welling, Esq.