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You should really investigate the legally correct way to deal with the estate and the transfers of the assets; if not, you could have considerable legal and tax liability in the future with the bank (if they flag and investigate the transfers due to the death of the account holder and the size of the transfers) and the IRS (inheritance taxes), as well as other possible heirs who are not yet identified or notified of the death. 

Probate laws differ greatly according to jurisdiction, so either find a lawyer or Google for free or low cost legal help in your city/county/state in order to learn how to administer the estate in a legally sufficient way to protect everyone involved. Or go to the local county courthouse and inquire. It may not take much effort or cost much in legal fees, and it's a good investment of research and time to prevent legal and tax issues in the future.

You should really investigate the legally correct way to deal with the estate and the transfers of the assets; if not, you could have considerable legal and tax liability in the future with the bank and the IRS. Probate laws differ greatly according to jurisdiction, so either find a lawyer or Google for free or low cost legal help in your city/county/state in order to learn how to administer the estate in a way to protect everyone involved. It may not take much effort or legal fees, and it's a good investment of research and time to prevent legal issues in the future.

You should really investigate the legally correct way to deal with the estate and the transfers of the assets; if not, you could have considerable legal and tax liability in the future with the bank (if they flag and investigate the transfers due to the death of the account holder and the size of the transfers) and the IRS (inheritance taxes), as well as other possible heirs who are not yet identified or notified of the death. 

Probate laws differ greatly according to jurisdiction, so either find a lawyer or Google for free or low cost legal help in your city/county/state in order to learn how to administer the estate in a legally sufficient way to protect everyone involved. Or go to the local county courthouse and inquire. It may not take much effort or cost much in legal fees, and it's a good investment of research and time to prevent legal and tax issues in the future.

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source | link

You should really investigate the legally correct way to deal with the estate and the transfers of the assets; if not, you could have considerable legal and tax liability in the future with the bank and the IRS. Probate laws differ greatly according to jurisdiction, so either find a lawyer or Google for free or low cost legal help in your city/county/state in order to learn how to administer the estate in a way to protect everyone involved. It may not take much effort or legal fees, and it's a good investment of research and time to prevent legal issues in the future.