When a loved one passes away, it’s common for their financial affairs to take time to settle, and it can be one of the more complicated parts of the process. If you’ve received an estate check, perhaps as a beneficiary or executor, you may be wondering whether you can deposit it directly into your personal account. While this might seem like a simple solution, doing so can create legal and banking issues if not handled correctly.
Let’s break down what you need to know before making any deposits.
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