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#1203593 - 06/18/09 04:38 PM Estates and NOW Accounts
Piano Man Offline
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Piano Man
Joined: Mar 2004
Posts: 442
Down South
Are estates allowed to hold NOW Accounts?
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Love so amazing, so divine; Demands my soul, my life, my all.

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Deposits and Payments
#1203669 - 06/18/09 05:26 PM Re: Estates and NOW Accounts Piano Man
BrendaC Offline
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BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
If every beneficiary of the estate qualifies, yes.
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#1203695 - 06/18/09 05:42 PM Re: Estates and NOW Accounts BrendaC
Piano Man Offline
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Piano Man
Joined: Mar 2004
Posts: 442
Down South
What if there is no beneficiary stated? example, my dad passes and I open an account "the estate of Steve..." to take care of his affairs.
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Love so amazing, so divine; Demands my soul, my life, my all.

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#1203700 - 06/18/09 05:44 PM Re: Estates and NOW Accounts Piano Man
BrendaC Offline
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BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
You would have to ask. Most banks I know of don't ask, they just assume all beneficiaries are either consumers or non-profits. And that is generally the case.
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