Last verified 2026-08-13; facts checked against the primary sources below

How to open an estate bank account in California

Q: How do you get an EIN for the estate?

Use the IRS EIN application . The IRS says an estate needs an EIN and that the EIN is free. Identify the entity as the deceased person's estate. The responsible party is the executor or other person in charge of the estate, not a nominee. Save the EIN confirmation with the estate's permanent records. Give the estate EIN to banks and other payers that will report post-death interest or dividends to the estate. IRS Publication 559 directs a personal representative to obtain an estate EIN and give it to payers reporting income payable to the estate ( Publication 559 ). The IRS says an EIN may be used immediately to open a bank account, although some other tax-system uses can take longer to recognize the number ( IRS EIN guidance ).

Q: How do you open and title the account?

Choose an insured California financial institution. Probate Code § 9700 authorizes a personal representative to deposit estate money in an insured account at a financial institution in California ( Probate Code §§ 9700–9705 ). Give the bank the Letters, EIN, identification, and whatever current documents it requests. Ask the bank to title the account to the estate and identify you only in your fiduciary capacity. Disclose court restrictions. If the court ordered a blocked account or withdrawals only with court authorization, give the bank the order. Section 9703 requires delivery of that order when the deposit is made. Order statements and checks that show the estate account. Do not print only your personal name on estate checks. Create a ledger before the first payment. Record the date, payer or payee, purpose, amount, category, and supporting document for every transaction. California law generally requires a personal representative to keep estate cash in interest-bearing accounts or authorized investments, except cash reasonably necessary for orderly administration or when the will provides otherwise ( Probate Code §§ 9650–9652 ).

Last verified: August 13, 2026

The short answer: In a formal California probate, wait until the court appoints you and issues Letters, obtain a free EIN for the estate from the IRS, then ask a bank to open an account in the estate's name. Deposit estate money there, not in your personal account, and use it only for documented estate receipts and expenses.

This guide covers a court-appointed personal representative administering a California probate estate. A successor trustee uses a trust account, and a beneficiary collecting a payable-on-death account receives that money personally; neither should relabel those funds as probate-estate money.

Who has authority to open the account?

Being named executor in a will is not enough. California law says a person has no power to administer an estate until the court appoints the person and Letters issue. Before then, a named executor may pay funeral expenses and take necessary steps to maintain and preserve the estate, but does not have general estate-administration power (Probate Code § 8400).

Your role	What you can open
Court-appointed executor or administrator with issued Letters	A probate-estate account, subject to the bank's requirements and any restriction in the court order
Person named executor, but Letters have not issued	Not yet a general probate-estate account based only on the will
Successor trustee	A trust account under the trust's authority, not a probate-estate account
POD beneficiary or surviving joint owner	An account for that person's own funds after the institution completes the transfer, not an estate account

California Courts describes the personal representative as the person the judge appoints to manage the deceased person's assets and liabilities (formal probate overview). If you are still deciding whether formal probate is required, start with California's probate options.

What do you need before you go to the bank?

Bank document lists vary. Call the institution before the appointment and ask for its current estate-account checklist. At minimum, be ready to establish these facts:

Item	Why it matters
Court-issued Letters Testamentary or Letters of Administration	Shows that your appointment is effective under Probate Code § 8400
Estate EIN confirmation	Identifies the estate for banking and tax reporting; do not use the deceased person's Social Security number for the estate account
Your government-issued identification	Lets the bank verify the person acting as fiduciary
Certified death certificate	Commonly used by institutions to verify the death; confirm whether this bank requires it
Court order and bond-related restrictions, if any	The bank must follow withdrawal restrictions imposed by the court
Opening deposit from estate funds	Keeps ownership clear from the first transaction

Do not assume a photocopy, Letters outside a bank's recency requirement, or a will alone will satisfy the bank. Ask whether the bank requires certified or recently issued court documents.

Opening the estate account and releasing the deceased person's existing account are separate steps. If the deceased banked with Bank of America, follow the Bank of America Estate Services guide to establish authority and release the funds before depositing them into the estate account.

Questions to ask before your estate-account appointment

Use the free estate-document checklist to organize the records and track what each institution still needs.

Use this call checklist to avoid a second trip. Record the bank employee's name, the date, and the answer to each question:

Does this branch open accounts for court-appointed personal representatives?
Which documents must be certified, and how recently must the court have certified the Letters?
Must every co-representative attend or sign?
What opening deposit, fees, and minimum balance apply?
Can the account accept checks payable to the estate, and how should payers write the estate name?
Can the bank accommodate any blocked-account or other court restrictions?

These are questions to confirm with your chosen bank, not universal bank requirements. An EIN identifies the estate; it does not establish your authority. If the bank asks for court documents you do not yet have, use our Letters Testamentary and Letters of Administration guide.

What if Bank of America asks for different documents?

Ask whether its request concerns opening a new estate account or releasing an existing deceased customer's funds. Keep a separate checklist and case reference for each task. Our Bank of America Estate Services guide covers the deceased-account process; confirm new-account requirements with the branch before booking an appointment.

How do Chase and Bank of America open estate accounts?

Opening requirements checked September 7, 2026. Both banks publish an in-person route. Use this comparison to prepare the appointment; it is not a ranking of banks or a promise that your application will be accepted.

Opening question	Chase	Bank of America
Where do you start?	Schedule an in-person banker meeting. Chase explicitly says estate accounts cannot currently be opened online.	Make an appointment at a local financial center.
Which estate documents are named?	Estate EIN and applicable court documents; examples include Letters Testamentary, Letters of Administration, a death certificate and a court order.	Probate document and estate EIN. Ask the financial center for the rest of its opening checklist.
What about identification and co-representatives?	All executors or administrators need primary and secondary ID confirming their current U.S. residential address. All may need to attend; confirm before traveling.	The estate-opening FAQ does not specify co-representative attendance or a complete ID list. Confirm who must attend and sign.
What are the fees and minimum deposit?	The cited estate-opening page does not specify them. Request the fee schedule for the actual account offered.	The cited estate-opening FAQ does not specify them. Request the fee schedule for the actual account offered.

Sources: Chase estate-account opening requirements and Bank of America estate services, “How do I open an estate account?”.

Before booking either appointment, confirm the age and certification required for Letters, the opening deposit, monthly charges, signing arrangements, and whether the bank can handle any court-ordered withdrawal restrictions. These are case-specific questions, not additional published requirements. An online death-notification case does not mean you have opened an estate account.

Is Fidelity's estate account the same kind of account?

Fidelity describes an estate account for managing investments, with a downloadable application, online account access and BillPay. Its product page states no account fees or minimums to open, subject to its disclosures; that does not mean every investment or transaction is free. This is an estate brokerage option, not the same product as a bank deposit account. Confirm the current application requirements, cash arrangements and suitability for your court order before choosing it (Fidelity estate account, checked September 7, 2026).

If your immediate task is releasing money from the deceased person's old account, use the institution-procedure comparison. If you are the surviving joint owner, start with joint bank accounts after death before treating the balance as estate money.

How do you get an EIN for the estate?

Use the IRS EIN application. The IRS says an estate needs an EIN and that the EIN is free.
Identify the entity as the deceased person's estate. The responsible party is the executor or other person in charge of the estate, not a nominee.
Save the EIN confirmation with the estate's permanent records.
Give the estate EIN to banks and other payers that will report post-death interest or dividends to the estate.

IRS Publication 559 directs a personal representative to obtain an estate EIN and give it to payers reporting income payable to the estate (Publication 559). The IRS says an EIN may be used immediately to open a bank account, although some other tax-system uses can take longer to recognize the number (IRS EIN guidance).

How do you open and title the account?

Choose an insured California financial institution. Probate Code § 9700 authorizes a personal representative to deposit estate money in an insured account at a financial institution in California (Probate Code §§ 9700–9705).
Give the bank the Letters, EIN, identification, and whatever current documents it requests. Ask the bank to title the account to the estate and identify you only in your fiduciary capacity.
Disclose court restrictions. If the court ordered a blocked account or withdrawals only with court authorization, give the bank the order. Section 9703 requires delivery of that order when the deposit is made.
Order statements and checks that show the estate account. Do not print only your personal name on estate checks.
Create a ledger before the first payment. Record the date, payer or payee, purpose, amount, category, and supporting document for every transaction.

California law generally requires a personal representative to keep estate cash in interest-bearing accounts or authorized investments, except cash reasonably necessary for orderly administration or when the will provides otherwise (Probate Code §§ 9650–9652). Ask the bank about both checking and interest-bearing options if the estate will hold substantial cash.

What money belongs in the estate account?

Deposit into the estate account	Keep out of the estate account
Proceeds from probate assets sold by the personal representative	Your own money, except a clearly documented advance that your lawyer or accountant says is appropriate
Refunds, rents, interest, or other income payable to the estate	POD, transfer-on-death, life-insurance, or retirement proceeds paid directly to a named beneficiary
Money collected from the deceased person's solely owned accounts after the bank recognizes the estate's authority	Surviving joint-owner funds that passed outside probate
Other amounts made payable to the estate	Trust money controlled by a successor trustee

Post-death income earned by probate assets belongs to the estate and may create a separate estate income-tax filing requirement. See the final-return and estate-return distinction.

How should you use the account?

Deposit all probate-estate receipts promptly.
Pay estate expenses by estate check or another traceable estate-account method.
Keep the invoice, receipt, claim, or court authority behind each payment.
Reconcile every statement to the estate ledger.
Do not distribute money to beneficiaries until debts, taxes, and the court process allow it.
Do not pay creditors merely in the order they call. California has a statutory priority system; see which estate debts California pays first.

The personal representative must take control of estate property, collect debts due to the estate, pay taxes, and take reasonable steps to manage, protect, and preserve it (Probate Code § 9650). A clean account is the simplest evidence of where the money went.

Frequently asked questions

Do I need an estate account for a small-estate affidavit?

A qualifying successor may collect personal property through the California small-estate affidavit procedure without obtaining Letters. That is a different transfer route from administering a formal probate estate. Confirm who should receive the funds before asking the bank to open an estate account.

Can I open the account before Letters issue?

Not under the general authority of a California probate personal representative. Appointment becomes effective when Letters issue. A person named executor has only the narrow pre-appointment authority stated in Probate Code § 8400.

No for an account holding and reporting income payable to the estate. IRS Publication 559 directs the personal representative to obtain an EIN and provide it to payers for estate income.

Must the estate account earn interest?

California generally requires estate cash to be kept in interest-bearing accounts or authorized investments, with exceptions for cash reasonably necessary for orderly administration and contrary terms in the will. Review Probate Code § 9652 and any court order with the estate's lawyer.

Can two co-executors use one account?

The bank and Letters determine the signing arrangement. Give the bank all issued Letters and do not assume one co-representative may act alone.

This is general administrative information, not legal, banking, or tax advice. A probate lawyer or tax professional should review unusual ownership, blocked-account, insolvency, or fiduciary-income questions.

The Estate Desk handles this for California families. theestatedesk.com

When administration is nearing completion, use the estate bank account closing checklist to reconcile pending payments, confirm distribution authority and retain final records.