If you're an executor, do you need to change the name on the accounts?

Lori Ashmore Peters
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Helping Dallas area families with all of their legal Estate Planning, Probate and Business Planning needs.

If you are appointed executor of someone’s Will, then yes, you need the change the name on the accounts that is in the decedent’s name. The decedent is the individual who has passed away.

As executor, your job is to collect all the assets of the estate. When you become executor, you need to get a tax id number, and it is with that tax id number that you open an estate account. Then, all of the assets will be put into that state account.

For a list of the assets you will need to collect, see our Probate Checklist or download our FREE book, What to do When a Loved Ones Dies.

Has A Loved One Passed Away And You Find Yourself In Need Of A Probate Attorney?

If you find yourself involved in the confusing probate process help is available. Contact us online or call our Dallas office directly at 214.559.7202 to schedule your free consultation with our experienced probate attorney.