LAC 50:VII.30717

LAC 50:VII.30717. Disposition of Deceased Client's Personal Funds

Last amended: 2005Year: 2026Length: 173 wordsOfficial source

Cite as La. Admin. Code tit. 50, pt. VII, ยง 30717

A. ICF/MRs, upon a client's death, shall submit written notification within 10 business days to the next of kin disclosing the amount of funds in the deceased's account as of the date of death. The ICF/MR shall hold the funds until the next of kin notifies the ICF/MR whether a succession will be opened. 1. Succession Opened. If a succession is to be opened, the ICF/MR shall release the funds to the administrator of the estate, if one, or according to the judgment of possession. 2. Succession Not Opened. If no succession is to be opened, the ICF/MR shall make the funds payable to the deceased's estate and shall release the funds to the responsible party of record. B. Release of Funds. In any case in which funds are released in accordance with a court order, judgment of possession, or affidavit, the funds shall be made available to the persons or parties cited by the court order. The signed statement shall be attached to the written authority and filed in the ICF/MR records.
LAC 50:VII.30717: LAC 50:VII.30717. Disposition of Deceased Client's Personal Funds | Justis AI