asked

My mother recently passed away and left an IRA account. Her bank attempted to make a required minimum distribution to me by mailing a check, which was lost and cashed fraudulently. The bank reimbursed me but requested I sign a Negotiable Item Affidavit, which includes language obligating me to cooperate indefinitely in any investigation. Given that the bank did not confirm the distribution or payment method with me beforehand, am I obligated to sign the affidavit, and what other options are there?

April 25th, 2023

Sign Up to View Answers

Create an account to view answers and interact with the community!