Can I Put Money for a Deceased Parent in an Estate Account? | NC

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Q: Can I deposit money received on behalf of a deceased parent into an estate account before distributing it? A: Yes. If you are the qualified personal representative and the money belongs to the probate estate, you generally should deposit it into a separate account titled in the estate’s name. Do not mix estate funds with your personal money — even if you are the sole heir. First, confirm who…