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WA Continued Use of Bank Account by Executor of Will?

Discussion in 'Wills and Estate Planning Law Forum' started by Elspeth, 27 September 2014.

  1. Elspeth

    Elspeth Member

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    Is the executor of a will, who was also a signatory on the deceased person's bank account, authorised to continue using the account to pay for funeral expenses etc.
     
  2. Sarah J

    Sarah J Well-Known Member

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    Hi Elspeth,

    Yes, the executor has an obligation to pay for all funeral expenses, debts, administration costs and testamentary costs of the will-maker (testator). This comes out of a specified account (assigned by the testator beforehand) or the residual estate (where the testator is silent). Essentially, the estate pays for these costs and the executor manages this.
     
  3. Sophea

    Sophea Well-Known Member

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    In addition to Sarah J's comments above, regardless of whether they are a joint signatory to the bank account, the executor of an estate has a right to access to the testator's funds being either the allocated or residual for funeral expenses.
     

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