Money in Scotiabank, that is in deceased husband name only

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baileyboy

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Jun 27, 2004
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I am asking this question for a friend of my husbands.

My husband's friend is a Dominicana who was married to a Cdn guy, for 12 years, and both lived in Cda. She has returned to the DR as her husband passed away recently. (Not sure if to stay for good, or just to get away from "everything" for a short time)

Her husband has money at Scotiabank in the DR, but it was in an account just in his name. She is wondering what the process is in order to access these funds, now that he has passed away. (Not meaning for it to sound like she is only after his money, b/c she isn't, she just wants to know what will happen next)

I explained that (if she still lived in Cda, and the funds were at a Scotiabank in Cda) the process would be the following: she would need a copy of the death certificate, as well as a copy of her marriage certificate, and a will (if avail) and take that to the bank. If there is a will that clearly states she is beneficeary, and even better she is the executator, she would have access to the funds, after probate court.

But I'm not sure what the process in the DR is. As the banking regulations are different then in Cda, I advised her to get a lawyer in the DR to assist her with this.

My question is, beside hiring a lawyer to help her, what is the basic process of this situation in the DR?

Muchas Gracias.
lisa
 
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baileyboy

New member
Jun 27, 2004
392
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More Info

**for some reason the original thread will not let me edit, so I am posting additional info here*****

My husbands friend is asking me what her next steps would be b/c she knows that I work for Scotiabank in Cda. I explained that even though the company is the same, the banking regulations are completley different and therefore the procedures are not all the same.

As well I explained the money (IF IN CDA) would go into a trust, go through probabte court and then if everything was straightforward and in order she would then have access to the money. (Usually 6-12 months.... again, only if all is simple and straightfrward)

I advised her to hire a lawyer in the DR, who spoke both English and Spanish in case any liason with her lawyer in Cda (if she had one) would be required.

Is the process in the DR for this type of situation, similar to the one we have in Cda?

Should she just get a lawyer in Cda, since that is where both lived, and where he passed away?

Or is it best to have a lawyer in the DR b/c that is the country where the money is?

Muchas Gracias
lisa
 
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