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Updated over 13 years ago on . Most recent reply

User Stats

174
Posts
39
Votes
NA Foster
  • Real Estate Investor
  • California
39
Votes |
174
Posts

Probate P.R. is Wells Fargo Bank, N.A.

NA Foster
  • Real Estate Investor
  • California
Posted


This is the first time I have seen a bank as the personal representative. Why in the world would anyone appoint a bank to rep an estate? Maybe if it’s a big $$$ estate but that is not the case here. Estate Value is under $250K and the first creditor in line is (You guessed it) Wells Fargo for $15k. The probate file only lists WF as personal representative so I can’t tell if WF is the administrator or executor.

Now here comes another first-the PR in this probate file is the County Public Administrator. Is this a case of an estate with some $$$ and a decedent with no will and no heirs?

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