Q: In Illinois, is it required to have all heirs names on the estate bank account?
No, the name of an estate bank account should include the name and title of the representative: "John Doe, executor/administrator of the Jane Doe Estate".
Thank you, and wish you the best of luck!
A: I assume that when you say "estate bank account" that you mean the account opened by an administrator or executor after a probate estate is opened. In that case, the answer is no. The account is opened in the name of the estate and the administrator or executor is responsible for that account. The heirs are identified in an order declaring heirship. They are not identified on the estate bank account.
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