Follow
Share

I am executor for mom's "estate" (such as it was). She had virtually no assets, and whatever money was left was used for her funeral. Her bank account is closed. I received a check from her pharmacy for overcharges they discovered. Can I just cash the check?

This question has been closed for answers. Ask a New Question.
Find Care & Housing
Exellent solution! I am liking it. Thinking you were the right one to have been executor for your Mom's estate.

Sorry for your loss. Six months was not that long ago.
Helpful Answer (0)
Report

Yes, actually this money can go toward the grave "marker" which we don't place until 1 year after death.
Helpful Answer (1)
Report

In my opinion, a refund is not income.
As executor, do what you would have done had the estate not been settled. The most expedient honest way is best.
Maybe the instructions for executors (books) would cover this. Document what you did with the money.

I don't really know the right answer-it's only $200.
Can you re-imburse something that cost you?
Helpful Answer (0)
Report

Yes, it was kept under $2,000 for the 3 months prior to her passing...actually, the Medicaid "rules" (as explained to me) were that her only "income" (SocSec), minus whatever her med. insurance premium, was provided to the Assisted Living facility, minus about $100 as an "allowance" for incidentals. So, when she died, there was literally only a few hundred dollars in her bank account (which we then used for the funeral), so the account went to 0.
Helpful Answer (0)
Report

What happened to the 2000 or o they are allowed in the bank? Was it under$2000?
Helpful Answer (0)
Report

She had just gotten approved (and retroactive to 3 months prior) when she died. This rebate is from the pharmacy for overcharges she paid for prescriptions.
Helpful Answer (0)
Report

Was she on Medicaid?Were u out of pocket for anything? If Medicaid was involved, I would call them if not cash it.
Helpful Answer (0)
Report

The check is only for a couple hundred. I was going to just sign as Executor and remote (ATM or mobile) deposit...what do you think?
Helpful Answer (0)
Report

I was in a similar situation with my uncle's estate but the bank account manager knew me and my uncle and the cheque was for a small amount, so the answer is maybe, but it depends on your relationship with the bank.
Helpful Answer (0)
Report

This question has been closed for answers. Ask a New Question.
Ask a Question
Subscribe to
Our Newsletter