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    • Woolington
    • By Woolington 16th Jan 20, 4:46 PM
    • 108Posts
    • 6Thanks
    Woolington
    Bank Closure forms
    • #1
    • 16th Jan 20, 4:46 PM
    Bank Closure forms 16th Jan 20 at 4:46 PM
    Hi all,
    the Grant of Probate has been given and our solicitor is sending all four executors out bank closure forms to all sign. These were the four banks that insisted on waiting for probate before issuing their contents. What are we signing to say?

    I ask, because there were two other accounts which were closed and put into one executor's own account before ending up in our estate account. Should we all be signing for those too?

    Just confused as usual!
Page 1
    • Dox
    • By Dox 16th Jan 20, 5:21 PM
    • 1,881 Posts
    • 1,410 Thanks
    Dox
    • #2
    • 16th Jan 20, 5:21 PM
    • #2
    • 16th Jan 20, 5:21 PM
    Hi all,
    the Grant of Probate has been given and our solicitor is sending all four executors out bank closure forms to all sign. These were the four banks that insisted on waiting for probate before issuing their contents. What are we signing to say?
    Originally posted by Woolington
    The simple answer (not meant to be unhelpful) is read the forms before signing. They should be straightforward - who you are, that you're an executor, that you'd like the account closed and the funds transferred to [details of destination].

    As you've already found, some banks pay out without requiring probate so no, you don't need to do anything further if those accounts have already been closed.
    • Woolington
    • By Woolington 16th Jan 20, 5:34 PM
    • 108 Posts
    • 6 Thanks
    Woolington
    • #3
    • 16th Jan 20, 5:34 PM
    • #3
    • 16th Jan 20, 5:34 PM
    It's not at all unhelpful Dox! thank you!

    As you've already found, some banks pay out without requiring probate so no, you don't need to do anything further if those accounts have already been closed.

    Isn't that mad!!! I hope it's not common knowledge, because it'd be very easy to steal from an estate that way. I can't believe they don't also require all executor's permission! The two banks that were cashed by one person amounted to 40K!
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