The gathering of assets in a probate gains momentum once “Letters of Administration” are received from the probate court. The Letters of Administration are a legal document obtained from a probate court after a petition for probate is examined by a judge. These type of letters are issued when a decedent did not have a will.
The Letters of Administration grant the power to the personal representative to handle the decedent’s affairs. Most banks, financial companies and other institutions require the personal representative to show or submit the Letters of Administration in order to gain access to accounts.
As long as your petition for probate is in order, it usually takes a few weeks to receive the Letters of Administration after your petition is filed.