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Seeno†es™
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Seeno†es™ asked in Business & FinanceOther - Business & Finance · 1 decade ago

When cashing out CD's due to probate or survivorship, what are the penalties?.?

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  • Anonymous
    1 decade ago
    Favorite Answer

    Many banks will waive those penalties under those circumstances,

    Otherwise, you forfeit what ever the contract agreement states... typically 3 to 6 mos. of interest

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