Inherited deposits are tied up at the bank and can’t be withdrawn — how to resolve a defective will and frozen deposits at the same time

Inherited deposits are tied up at the bank and can’t be withdrawn — how to resolve a defective will and frozen deposits at the same time

This explains how to respond when inherited deposits are frozen at a financial institution and cannot be withdrawn after the decedent's death. It also summarizes the structure in which a financial institution refuses payment when there is a defect in the will, and a strategy to simultaneously pursue confirmation of invalidity of the will, division of inherited property, and a claim for return of the deposit.
Click the blog link below to see more details.

Back to top