If my mom just passed away but wrote out checks to her grandchildren that we just found, can they cash them?

Will that amount of money come off her gross estate?

Asked on July 15, 2014 under Estate Planning, New York

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 6 years ago | Contributor

I am so sorry for your loss.  If the checks are not considered "stale" by the bank (generally no more than 6 months old) and are presented for cashing within 10 days of the date of death then yes, they can be cashed.  But different banks may have different rules.  ANd yes, it would come off of the gross estate.  Good luck.


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