how long does a bank have after they have been court ordered to send funds to lawyer for disburstment

basicaly my parents gave me a cash gift in there will so im being paid first with
the creditors . the papers have been signed by judge and they were just sent to
wells fargo ..the lawyer said we only are waiting now on a check from wells fargo
..how long will i have to wait on wells fargo..isnt this process imediate cause
there court oredered

Asked on July 3, 2017 under Estate Planning, Maryland

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 3 years ago | Contributor

IF the court order had specified a deadline or time frame, the bank would have to comply with it. But in the absence of a specific time frame, the only requirement is that they do not delay unnecessarily--that is, that they do this within a "reasonable" time. That unfortunately, is a subjective and more-than-somewhat flexible standard, and can easily be 30 - 60 days (allowing time for bureacracy, accounting, processing a check, and mailing it). Beyond 60 days, they are likely taking too long.


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