How Do I Open an Estate Account at Frost?
Frost opens estate accounts for a court-appointed executor or administrator. The account is opened in a branch. The documents it asks for, what the account costs, and the steps it lists are below.
Opening an estate account at Frost
Where to open it
In a branch
How it opens
- In a branch
- Available
- Online
- Not available
Steps at Frost
- 1Open the account at a Frost financial center: Frost opens every ownership type other than a single-party P.O.D. consumer account at a financial center, not online.
What it costs
Frost does not state the opening deposit, monthly fee, or fee-waiver balance for an estate account.
- Other waivers
- No fiduciary or estate exclusion published. Every consumer waiver path is written in terms of what the account owner holds or receives
- Schedule that applies
- Not stated; Frost publishes nine per-product Rate and Fee Schedules and does not say which one prices an estate account
- For estate accounts
- The Deposit Account Agreement defines every Account as "either a Personal Account or a Business Account", lists fiduciary Accounts in a clause separate from Business Accounts, and charges fees "as set forth in the rate and fee Schedule applicable to your Account"
| Account | To open | Monthly fee | Waiver or condition |
|---|---|---|---|
| Frost Personal | $25 | $8 | $100 in direct or mobile deposits or credits, OR $1,000 minimum daily balance, OR $5,000 combined average daily balances |
| Frost Plus | $25 | $15 | |
| Frost Premium | $25 | $30 | |
| Frost Savings | $50 | $3.50 | |
| Frost Money Market | $50 | $15 | |
| Frost Business Checking | $50 | $14 | $1,500 minimum daily balance, OR $15,000 combined average daily balances, OR $1,000 net debit card spending per cycle |
| Frost Business Checking Plus | $50 | $30 | |
| Business Money Market | $12 | ||
| Analyzed Checking | $50 | $60 account maintenance charge; service charges are determined by account analysis |
What to know at Frost
Frost's Deposit Account Agreement lists estate accounts as fiduciary accounts and lets Frost require whatever documents and authorizations it deems necessary to confirm the fiduciary's authority, at opening and at all times after. Frost's trust department, at (888) 268-9202, serves as executor or as agent for an executor through a wealth advisor, a service separate from an estate deposit account.
Not in Frost's published guidance
- Which documents it asks for
- Whether it can be opened by phone or by mail
- Whether a branch appointment is needed
- Whether every co-executor must sign or appear
- Whether the estate's EIN is needed before opening
- Whether the deceased must have banked there
- Whether an out-of-state executor can open one
- Whether the death certificate must be a certified copy
- What proof of the EIN it accepts
- Whether the account comes with online banking, checks, a debit card, or mobile deposit
- How the deceased's balances reach the estate account
General information about each bank's published estate-account requirements, not legal or banking advice. Requirements vary by state and account type. Consult the institution for its current requirements. Data verified Sep 17, 2026
No. Frost states an estate account cannot be opened online. It states the account can be opened in a branch.
Frost publishes no document list for estate accounts.
Frost does not state the opening deposit, monthly fee, or fee-waiver balance for an estate account. The Deposit Account Agreement defines every Account as "either a Personal Account or a Business Account", lists fiduciary Accounts in a clause separate from Business Accounts, and charges fees "as set forth in the rate and fee Schedule applicable to your Account". Frost's 9 published accounts are listed above with their fees and waivers; the estate account carries the fees of the account it is opened as.
An estate account is a bank account titled to the estate itself — not to the person who died and not to the executor personally. The court-appointed executor or administrator opens it to deposit money owed to the estate (final paychecks, refunds, proceeds from closed accounts), pay the estate's debts and expenses, and distribute what remains. Checks made out to "the Estate of" can only be deposited into an account titled this way.
The estate is its own taxpayer, separate from the person who died. Banks open estate accounts under the estate's Employer Identification Number (EIN) from the IRS, not the deceased's Social Security Number. The free EIN application prepares IRS Form SS-4 for the estate.
Sources
Data sourced from Frost primary sources (9 pages reviewed). How we research.
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Forms for Settling an Estate
Free forms for settling an estate: the probate petition, small estate affidavit, notice to creditors, inventory, and closing forms.
Petition for Probate and Letters
Open probate and ask the court to appoint you and issue Letters Testamentary or Letters of Administration.
Notice to Creditors
Notify estate creditors and start the claim period — the published notice plus mailed copies for known creditors.
Renunciation of Executor
Decline an appointment as executor named in a will — the writing filed with the court before anyone is appointed.
Affidavit of Heirship
Prepare the sworn statement of a deceased person's family history and heirs for recording in the county land records, with your state's recording instructions.
Small Estate Affidavit
Collect a small estate's property without probate — the sworn affidavit presented to banks and other holders, with a presentation letter for each.
Estate Inventory
Prepare the probate inventory of estate property — every asset at its date-of-death value, composed to your state's statute, with the state's filing or delivery instructions.
Tools for Settling an Estate
Free tools for settling an estate: whether probate is needed, executor and trustee pay, creditor deadlines, and inheritance taxes.
How Much Can an Executor Charge?
Calculate how much an executor can charge for administering an estate.
Can I Self-File Probate?
Whether your state lets you open probate yourself, and what it costs with a lawyer and without one.
How Do I Get Appointed as Executor?
See the court, petition, bond, and documents needed to be appointed and receive your Letters.
What Are the Creditor Claim Deadlines?
Find creditor claim deadlines, notice requirements, and payment priority order for your state.
What Happens When an Estate Is Insolvent?
See the order your state pays an insolvent estate's debts and which claims go unpaid.
What Is the Estate's Personal Property Worth for Probate?
Estimate the fair market value of household items for probate and see how it affects fees.
