Estate Law Questions? Ask an Estate Lawyer.
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What you will need to do is get a taxpayer ID number from the IRS for the estate if you didn't get one earlier. If you haven't already received one, you can get this in about 10 minutes for no charge at the following IRS website: https://www.irs.gov/Businesses/Small-Businesses-%26-Self-Employed/Apply-for-an-Employer-Identification-Number-(EIN)-Online . When it asks for what kind of entity....check the estate option. Then, with the EIN, the death certificate and the Letters Testamentary, open up a bank account in the name of the estate. Once that account is opened, Laurie, as signatory, can distribute the money from the account. You can then close the account.
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