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You are here: Experts > Real Estate > Banking: U.S. > Using Banks and Bank Accounts > Possible bank account of deceased
Expert: Jim Meadows - 10/26/2009
Question
My father passed away 2 years ago and I am convinced he may have had a bank account my mother may not know about. He was very secretive about money and we know he kept a private account for personal expenses like vehicle purchases ect. The account would not have large amounts in it but perhaps 20 - 30,000. How do I look for such an account???
Answer
Mark, First you should check your father's belongings for deposit records. You could also examine known accounts for checks written to the "lost account" or deposits made from same. If you can narrow down the banks where the account might have been, the executor can make an inquiry of the banks. You might also try to get a copy of a consumer credit report for your father to see if any banks ordered credit reports in support of opening a new account.Unfortunately there is no state or national data base to offer help. Depending on what state you live in, unclaimed deposits will ultimately be escheated to the state (usually 3-7 years). You can check unclaimed property rules for your state on line. Jim
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