Welcome! Thank you for your question.
A CD that has established payable on death beneficiaries like this one does not go to the estate or through probate
at all. If the CD has not been cashed then it remains in the name of the deceased. It cannot be placed in an estate account because it is it's own type of account. The estate can and should be closed and settled regardless of the CD.
The CD pays directly to the named beneficiaries at any time after death and as stated above does not go through an estate process.
I cannot provide you with legal advise. I have provided you with information about the law related to your question. My answer, and any information that you find online, should not take the place of having a consultation with a lawyer in your area to advise you regarding your specific issues.
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