Thank you for entrusting me with your legal issue. I will work diligently and quickly to answer your questions. I look forward to assisting you. After I have answered your question, I would appreciate if you would click Accept so that I receive credit for my time.
An estate account is a bank account that is set up in the name of the estate. Basically, you would liquidate and close all of your mother's personal bank accounts and deposit those funds into the estate account. From the estate account, you would pay off creditors and give the rest to the heirs. Since there are no funds to deposit into this account, you do not have to worry about doing any of that.
Instead you would just have to file a petition to probate the estate and then you will be able to transfer the home to the heirs.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).