[WSBAPT] probate unknown assets

[Dalynne Singleton]

This problem arises and most banks won’t accept checks made payable to a decedent or estate without PR authority so you find yourself having to reopen the estate.  This is why you need to be sure before you close.  Wait out a few months, do some pre-distributions, and then close.  There is no way to “hold back” authority for checks or to leave the bank account open that I know of; only to deal with taxes.  I realize the bank may not know you have closed the estate unless the PR closes the bank account and provide the PR with an opportunity beyond the closing date but that would be a risk to the PR and you.  I wouldn’t recommend that.

Dalynne Singleton
Gourley Law Group
Snohomish Escrow
The Exchange Connection
1002 10th Street / PO Box 1091
Snohomish, WA 98291
360.568.5065
360.568.8092  fax
dalynne at glgmail.com<mailto:dalynne at glgmail.com>
Website:  www.glglawgroup.com<http://www.glglawgroup.com/>
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From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Harkiran Sekhon
Sent: Wednesday, May 19, 2021 5:23 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] probate unknown assets

Hi Listmates,

In a probate where a few surprise checks have popped up, how do you all usually handle closing up the probate in a way that accounts for the possibility of more surprise checks coming through after completion?

Any go-to language you like to include in the declaration of completion? Would it still be possible to close w/ receipts?

Thank you,

Harkiran

--
Harkiran Sekhon
Attorney
Sekhon Law, PLLC
P: (425) 207-4866 | F: (425) 207- 4986 | W: www.sekhonlawpllc.com<http://www.sekhonlawpllc.com> | A: 707 S. Grady Way STE 600 Renton, WA 98057
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