Actions of Banks After Individual Account Owner Dies
9,092 views
0

 Published On Oct 21, 2023

Get together with like-minded individuals in our Impactful Inheritance community to discuss planning, preservation, and protection of wealth. Join our community today and start making a difference for future generations. 30 day free trial at the following link: https://www.impactfulinheritance.com/...

Our national estate planning law firm website: https://aeplawyers.com/

To request a no-cost zoom estate planning design meeting: https://aeplaw.cliogrow.com/intake/71...

0:00 Individual Bank Account Owner Dies
0:17 Frozen Bank Accounts are Frustrating to Survivors
0:43 Banks Have Their Own Policies and Procedures
1:17 The Banking Corporate Hierarchy
2:06 The Individual (Not Joint) Account
2:43 Payable on Death (POD) Designation
4:24 No POD Designation
4:42 How Does Bank Find Out of Death?
5:09 Letters Testamenary
6:14 Death Certificate
6:34 Funds Go To Estate Account
7:27 Individual Account With Authorized Signer
9:06 Communicate With Your Banks
9:46 Two Things Needed: Documentation and Patience
10:08 AEPL Invitation

show more

Share/Embed