{"data":{"id":"us/31-cfr-515.523","jurisdiction":"us","citation":"31 CFR 515.523","heading":"Transactions incident to the administration of decedents' estates.","body":"All transactions incident to the administration and distribution of the assets of a blocked estate of a decedent are authorized. Such transactions include the appointment and qualification of a personal representative in the United States or Cuba, collection and preservation of assets by a personal representative and associated fees, payment of funeral expenses and expenses of the last illness, transfer of title, and distribution of assets pursuant to a valid testamentary disposition or intestate succession. All property distributed pursuant to this section is unblocked, provided that neither Cuba nor a Cuban national (other than the decedent or a person unblocked pursuant to § 515.505) has an interest in the property.\nNote to § 515.523:\nSee § 515.570(f)(1) for a general license authorizing funds deposited in a blocked bank account in a banking institution, as defined in § 515.314, as a result of certain administration of decedents' estates to be remitted to a national of Cuba.","path":["Title 31—Money and Finance: Treasury","Subtitle B—Regulations Relating to Money and Finance","CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY","PART 515—CUBAN ASSETS CONTROL REGULATIONS","Subpart E—Licenses, Authorizations, and Statements of Licensing Policy"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"4c02c24499ab5f9660070edabf8a009d1dc4f4440e00fc3afead584583c78b0e","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-515.522","next":"us/31-cfr-515.524"},"notice":"GroundRules: Original legal text. Not legal advice."}