An interest bearing checking account used to process financial obligations of a deceased person's death is referred to as an estate checking account. The following documents must be provided to open an estate checking account: Death Certificate, Letters of Testamentary or Letter of Administration, Employer Identification Number (EIN) for the estate. Other documents maybe required depending
. upon individual circumstances. There is usually a $50.00 deposit minimum to open this account. There are other requirements that can be obtained from the institution you are using for the estate bank account.
