Father Died, Bank Refuses The New Owner’s (mom) Access To The Business Account. Advice Needed.
Hello. I apologize if I’m not familiar with the rule; this is my first time posting here. Location: Florida.
I(18) am in a complicated situation. My father (45) passed away a few weeks ago. His death was sudden and he left no will. He owns an LLC business. After his death, the business's financial director transferred the business title under my mother's (44) name.
Today, we visited the bank to add her name to the business banking account so the order and payment can continue. However, the bank informs us that since my mother is not the legal signer, her name is not on the card, and that her title on the business is added after the death of my father, they cannot do anything (even though we provided them with a death certificate and proof of business title change).
The financial director (who advised us to go to the bank in the first place) is telling us that there is no way this can happen. Yet the bank insists we will have to go through probate to access the account. They also made it clear that a llc code (what they call the social security of the business) is linked to my father's bank account, so we can’t even set up a new account for the business.
We are considering hiring a lawyer to deal with the business matter, but would love not go through that or the probate. I really, really need advice on this one. We are currently paying all business expenses out of our own money. Appreciate any help.
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