Best for

• Executors/administrators who need a dedicated estate checking account with a fully online setup
• Probate matters where the fiduciary must centralize receipts, creditor payments, and distributions with a clean audit trail
• Attorneys who want a paperless, client-friendly estate banking workflow across all 50 states
• Fiduciaries who want comprehensive reporting (account summaries and transaction recaps) for transparency
• Situations where branch visits are impractical and the executor wants 24/7 digital access

How it works

1. Confirm fiduciary authority: The executor/administrator obtains court authority (Letters Testamentary or Letters of Administration) and an estate EIN.
2. Apply online: The executor applies for the Probate Express online estate account in minutes—100% digital.
3. Upload required documents: During the application, upload required documentation so the account can be established without branch visits.
4. Open and fund the estate account: Once approved, estate funds can be deposited/collected into the account to centralize administration.
5. Pay creditors and expenses: Use the account to handle creditor payments and other estate expenses in a trackable manner.
6. Reporting and recaps: Access detailed account summaries and transaction recaps to support fiduciary recordkeeping.
7. Distribute estate funds: Facilitate distribution of estate funds after requirements are satisfied.

What it does for Executors

Quorum Probate Express is built around a core executor requirement: estate banking. It gives the executor a dedicated, online estate checking account to centralize funds, handle creditor payments, and maintain a clear transaction history—without branch visits or physical paperwork. The reporting/recap features are positioned to support fiduciary transparency and administration recordkeeping.

Required documents for online estate account setup (as listed)

• Executor/Administrator valid ID
• Certified copy of death certificate
• Letters Testamentary or Letters of Administration (for co-independent executors, letters must explicitly state independent authority)
• Estate EIN letter from the IRS

Not ideal for

• Executors who do not yet have the required documents (ID, death certificate, letters, and estate EIN)
• Very small estates where no dedicated estate account is needed or where probate is avoided entirely
• Fiduciaries who prefer in-branch banking and paper-based administration

Pricing & access

• Fees (as described): No opening fees / no service fees are described for the Probate Express estate account.
• Availability: Nationwide availability is described across all 50 states.
• Access model: 100% digital, paperless process with secure, 24/7 online access (no branch visits).

Security & standards

Quorum describes Probate Express as fast, secure, paperless, and insured, with account access available online from anywhere. The experience is positioned to reduce administrative friction while maintaining fiduciary-grade documentation through full reporting and transaction recaps.

FAQs

Q: What is Quorum Probate Express?

A: Probate Express is Quorum Federal Credit Union’s fully online platform for revocable trust and estate accounts, designed to help attorneys and clients manage estate banking needs without branch visits or physical paperwork.

Q: What does the online estate account help with?

A: It’s designed to simplify creditor payments, provide access to reporting, and facilitate distribution of estate funds after someone has passed.

Q: Who can apply for the estate account?

A: The executor (or administrator) of the estate establishes the account and uploads required documents during the online application.

Q: What documents are required to open the account?

A: Quorum lists required uploads as the executor/administrator’s valid ID, certified death certificate, Letters Testamentary/Administration, and the estate EIN letter from the IRS.

Q: Is it available nationwide?

A: Yes. Quorum describes nationwide availability across all 50 states with a fully digital, paperless process.

About this Listing

Executorium will NOT receive compensation if you engage with this business.

Learn More

– Probate Express overview: https://info.quorumfcu.org/probateexpress
– The Online Estate Account: https://info.quorumfcu.org/theonlineestateaccount
– Apply (Estate Account): Click here to apply

See also

Related topics: estate checking accounts, creditor payments, executor recordkeeping, estate EIN, letters testamentary, fiduciary accounting.