Grandpa passed away in 2024. Left me his house and so I've been paying the mortgage on it. Well I got an escrow refund check today in his name? How do I go about getting it cashed since it's not in my name? And the mortgage is still in his name I'm just making the payment.
I'm the person in charge of my grandpas will and also the beneficiary. Got a check In mail in his name
byu/Skywalkfarms inpersonalfinance
Posted by Skywalkfarms
11 Comments
You go open an Estate account at a bank.
Did you open probate with your county court yet?
So you didn’t do any of the executor tasks?
Wait, what? You’re paying his mortgage ? Do they know he’s dead?
How can you be paying the mortgage in his name if he’s dead? Are they aware that he’s dead?
Like dude, did you even talk to an estate lawyer about your responsibilities as executor? Depending on the state, you might not have to go through probate if the estate is small enough, but you have to do your due diligence to find out and do the right thing to close out the estate and get the house in your name. And yes, you are going to have to hope you qualify for a new mortgage, and the interest rate is almost certainly going to go up.
Was there a will or Trust?
Are you in probate?
Do the banks know he is deceased?
Do you have a lawyer?
This all sounds very odd.
Condolences on your loss.
You have bigger problems than a check in his name. Sounds like you haven’t probated his will yet. You need to do that asap.
Normally there would be an estate account you could deposit the funds to. It sounds like you never opened probate for your grandfather’s estate – is that correct? Was there a will?
Did he add you to the deed of his house before his death or is it in his name only?
Do the mortgage company, house insurance, and property tax offices know you are now the owner?
I’m concerned that you missed a few steps in the estate process.
Left you his house but it’s still in his name.
You got bigger problems than a check
Get the death certificate and the paperwork that says your the executor. Open an estate account at yer local bank ..better yet, his old bank specially if he has accounts still there.