Can a bank take the CD of the deceased before funeral costs when the bank also has a loan by the deceased?

My father died intestate with no assets except for one CD that is not more than the funeral costs. The bank refuses to release this money stating they have an outstanding loan.My understanding is that debts are paid through probate AFTER funeral costs have been taken care of. Asked by Mclaugh79 35 months ago Similar questions: bank CD deceased funeral costs loan Business > Financial Planning.

Similar questions: bank CD deceased funeral costs loan.

2 Discuss what to do with a Local Attorney that knows estate laws your state: .

Discuss what to do with a Local Attorney that knows estate laws your state.

3 In most states, once the death has been certified (death certificates or even notification through the family) they can (and a lot of times will) freeze the account or holdings, unless there is direct survivor-ship. You do need to talk to an attorney.

In most states, once the death has been certified (death certificates or even notification through the family) they can (and a lot of times will) freeze the account or holdings, unless there is direct survivor-ship. You do need to talk to an attorney.

4 Check with an attorney, but the cd is secured collaterol for the loan, so you won't get the cd until after the loan is satisfied.

Check with an attorney, but the cd is secured collaterol for the loan, so you won't get the cd until after the loan is satisfied.

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Is there an advantage to doing your financial planning at a bank like harris or is it better to go with edward jones or.

How long does a bank keep mortgage loan records, if the original loan is processed at a bank that is purchased by another.

What are some financial costs when phones are taken up in class.

Back to the Car loan situation. Why I think the bank wouldn't allow me to take out a car loan.

Can a bank account held with deceased by 1 child be split with sibling w/o going to.

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