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TodayforU Asked November 2015

The bank put on hold my friend's money. Bank needs a court order to release the funds. How do I do it?

I took care of her financial affairs for 10 years (made a mistake of not adding my name to the account) There is not an authorized person in the account. She has a son. How do we go about a court order to have the existing funds released?...THANKS!!!

ohmeowzer Nov 2015
Oh to get a court order to release the funds , you have to find out why they are in hold . Then hire a elder attorney you have POA ? If there is a legal agency auditing the account then they will release it when then are done . What did the bank say? Contact the son and ask if he knows why and call the bank ... But they may not tell you anything because you aren't on the account . Please let us know how it goes I'm sorry I'm not much help . I have some knowledge how the system runs because I'm a nurse and work with social workers who deal with the elderly and I hear a lot about stuff like that .

ohmeowzer Nov 2015
I would contact the son and find out the reason for the hold , and the person is still alive? That's odd I would ask the son because he would be the next of kin even though the person is alive .. Are they auditing the account ? Was it a legal hold put on by the state ombudsmen? The legal services for the elderly can put a hold on the bank account if they are auditing it for some reason . I would advise call the son . I hope this helps ...please keep us posted

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pamzimmrrt Nov 2015
If your friend is still alive, why was the hold put on?

cwillie Nov 2015
Whoever is executor/representative named in the Will will have to present the bank with a death certificate and a court notice of filing probate.

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