Can One Co-Administrator Close an Estate Account Alone? | NC

About this video

Q: Can a co-administrator close a deceased parent's account without the other co-administrator's approval? A: Usually, no. When two people serve as co-administrators, they generally must act together on estate banking matters unless a will, a court order, or a written agreement signed by both co-administrators and approved by the Clerk of Superior Court allows one person to act alone. Estate…