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Sweet Pea

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Sweet Pea
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  • My thoughts exactly! Your line of reasoning is pretty much on target - when banks hear of a death, they often times freeze the account. They don't necessariy (sp)close it, but do not allow deposits or withdrawls. In case of joint accounts, this u…
    in Employee's paycheck after death Comment by Sweet Pea June 2004
  • Having worked for the past couple years as a Death Benefits Specialist in IL, I hope to share some insight. You have two best bets - 1)hold the funds and issue a hard check to the Estate or 2)let the direct deposit go through. Option 2 has always …
    in Employee's paycheck after death Comment by Sweet Pea May 2004