Bank accounts serve as a valuable resource for uncovering ongoing bills and other responsibilities that may have been overlooked in the Estate plan. For instance, certain bills, such as utility payments for a property, require attention during the settlement process. It is advisable to transfer these necessary payments to another account as soon as possible.

Eventually, banking accounts, including checking and savings, are typically closed during the settlement process. The assets are subsequently transferred to a new account specifically designated for the estate settlement. Disbursements and payments will be made from this new account.