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Who owns funds transferred after death?


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2006-11-25 23:09:18
2006-11-25 23:09:18

Funds cannot be transferred after the death of the individual to whom they belong. All assets and debts must be entered into probate procdure according to the laws of the state where the deceased was a resident. The exception is assets and property that is held as Joint Tenants With Right To Survivorship or as Tenancy By The Entirety when there is a surviving spouse.


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