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It depends.
a. If the deceased individual has a legal will, the people mentioned in his will, will be given the money from his account
b. If he does not have a legal will, then his legal heirs (spouse and/or children) will be given the money from his account
c. If he does not have any spouse or children, then the remaining family members will be given the money
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∙ 13y ago
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Do you give money to family at wake of Irish family?
No, people do not give money to the family of the deceased at wakes in Ireland.
Who gets a deceased parents money in the bank account?
If there is a will, then the beneficiary gets the money. If there is no will all the children of the decedent get an equal share of the money.
Can a credit union take money out of a frozen acct of a deceased person without the permission of a family member for a bank issued credit card in Texas?
The account should be presented to the executor of the estate (not just a family member) before payment. That is, unless the deceased paid the bill before dying--then it goes through.
What happens to the money in an account when the owner passes away?
It passes to the deceased's estate upon proof of death.
Who is responsible for credit card debt of deceased family member is there is no estate or money?
blah
What does a bank need if a deceased person has certificate of deposit or accounts in their bank?
They actually don't need anything. However if someone needs to withdraw the money from that account of the deceased person they must:provide proof that the person is actually deceased (A death certificate)provide proof that he/she is the legal heir of the deceased (A will or a relationship proof that they are the son/husband/wife/daughter of the deceased)Once the bank verifies these documents, they will release the funds from the deceased persons accounts to you. Without these you cannot take any money from that account.
What does memorials may be directed to the family mean?
Many times, when a person dies, the family requests that memorials be made to a charity (that is, money donated in the deceased's name to a charity). Occassionally, the memorials are requested to be sent directly to the family. In other words, if you wish to donate money in memory of the deceased, send it directly to the family.
Have you ever transferred money from your bank to another account in the foreign country to a person who is a next of kin to any deceased farther from Senegal?
I have never transferred money from my bank account to a person from Senegal since most of them are usually scammers.
If an executor finds that money was removed from the deceased bank account just prior to death by a relative can you request return of money and if so can you forgive any portion that is unretrievable?
An executor has no legal authority before a person death, nor can such authority be retroactive. If someone held a POA, that person might be able to recover funds that were taken from the account depending upon the circumstances. If the funds were withdrawn without permission of the account holder and signature(s) were forged or a debit card used criminal charges could be forthcoming if a complaint is filed by the deceased's surviving family members.
Can executors use the money from the deceased bank account for personal use after probate?
They certainly may not do so. It is a breach of their duty and could be criminal.
Can a creditor take money from deceased bank account without written permission from executor?
It is possible for it to happen. They would have to have a court order to do so.
Is a surviving spouse responsible for the deceased spouses loan in Georgia?
no if they die the money they are owed will be taken out there bank account the remaning will be given out according to there will
