Q: My mother died, and she had a "burial fund" savings account at Arkansas Arvest Bank. I need to get it out.
I want to know if there is a quick and easy way to get this money out of the bank. It is all she had - she was in assisted living and had no property, no insurance policies, etc. My father is also dead. It is only for $1,500 and I don't want to pay an attorney half of that to get it, as it's supposed to be for her burial, which I paid for.
A: Some states have mechanisms for asset transfer of small estates without probate. A local lawyer can advise.
Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is only general information. It is NOT legal advice, and it may not work for your specific situation. It is impossible to evaluate a legal problem without a comprehensive consultation and review of all the relevant facts and documents. I strongly encourage you to consult with a local lawyer to get legal advice and help with your specific situation at your earliest convenience. I am licensed to practice law in Arizona.
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