S.R. asks from Romeoville, IL on August 23, 2008
Pay Checks for a Deceased Person
Asking this for my mother. My Father passed away on Aug.6th and his company(which has been fantastic) wants to keep sending my mother his paycheck. She has now gotten three, since he gets paid every week. She doesn't think she can put them in the bank. Any one have any experience with something like this? Can she put them in the bank? Thanks in advance for your help during this time.
S.C. answers from Chicago on August 24, 2008
Sorry for the loss of your father.
Are you sure the company is till sending his pay check? This doesn't sound right.
Maybe it's some form of life insurance, etc. but your Mom is confused.
Either way, the bank will accept the cashing or deposit of the money, if you bring in
a copy of his death certificate. But to be certain, simply call the bank and see what their policy is on this matter.
Added: I agree with Bobbi K. Please see a financial advisor or lawyer who specializes in Estate Planning and get your Mom's Finances, Will, Living Will, etc. in order if they aren't already. Be warned, a lawyer can be costly. You can try speaking with a local Senior Citizen's Counsel for advice before you begin. I hope that your Mom is in good health. Senior health care and housing is expensive. It won't hurt to start planning, especially if your Mom is advanced in years. Good Luck!
1 mom found this helpful
H.P. answers from Chicago on August 24, 2008
Sorry for your loss. As a banker I can tell you that if your parents had a joint account and your mom has not submitted the death certificate to remove his name she can deposit those checks in that account. Once his name is removed there is nothing that can be done at the banks part, she will have to get those checks reissued under her name, which will be a hassle. Also, make sure you find out from the employer that he is suppose to get those checks, you do not want to get a bill from them asking to give them that money back. Hope this helps, if you have any questions please feel free to reach me at ____@____.com
A.G. answers from Chicago on August 24, 2008
First off let me start by saying I am so sorry for your loss. As for the paycheck thing I would give the bank a call and see what they say. They may just want to see a death certificate. hope this helps and take care.
E.P. answers from Chicago on August 23, 2008
So sorry for the loss of your father. Sounds like his company is very generous and he was thought of very highly. If both names are on the account, she will be fine. But...as the last post said, she will need to notify the bank of his passing and provide a death certificate. Then she can legally sign those checks over to her.
We went through this last year with my mother-in-law who lived with us. As with any account (i.e.insurance, bank, stocks, mortgage, etc...) she needs to have those death certificates available and sent to them. The funeral home may have asked her how many originals she needed - some places require originals (which are more expensive) while others are fine with copies. Just ask that question to each place so you don't have to give up an original and incur that expense. So sorry for your loss!
A.A. answers from Chicago on August 25, 2008
My mother passed away in Feb. and she was recieving a pention check, so we the last one came I called and said to return or we would have to repay it later. Hopefluuy this is of some help.
H.D. answers from Chicago on August 24, 2008
Sorry about your loss.
If your mom and dad had a joint account she can just put a deposite. and for future checks I would ask the company to add your mom's name to the check.
S.E. answers from Chicago on August 24, 2008
ask the company if they can do direct deposit into the checking account. Other wise all she needs to do is write deposit only on the check and the account number. She will not be able to get cash back at that point but she can just to the ATM machine and withdraw what ever she needs.
She should also find out how long she will be getting these checks so she can plan for the future. It may just be for vacation days or sick days your father did not take and will just be a few weeks.
So sorry for your loss and I hope this helped a little.
G.M. answers from Chicago on August 24, 2008
She can continue to deposit them into her account. Keep it as simple as possible. Since they would like to continue sending the paycheck, then deposit as usual. How kind of them to continue to support your mother in that way.It doesn't make up for her loss, but at least financially she does not have to worry.