Can a personal representative use letters testamentary for a brokerage account? | NC

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Q: Can a personal representative use letters testamentary to access or transfer a deceased person’s brokerage account? A: Yes—letters testamentary are the court’s proof that the personal representative has authority to act for the estate, and brokerages typically rely on certified letters to start communicating with you and to process an estate transfer. But the letters do not automatically move…