Who is entitled to the monies in saving and checking account when a spouse dies?

Answer 1

If the surviving spouse (or anyone else, for that matter) is listed as the beneficiary, then the beneficiary is entitled to the proceeds. However, if no one else is listed on the account, it may very well wind up in probate (court).

Answer 2

When a spouse dies, the ownership of the savings and checking accounts depends on how they were set up. If the account was joint with right of survivorship, the surviving spouse will usually be entitled to the money. However, if the account was in the name of the deceased spouse alone, it will typically be included in their estate and distributed according to their will or state laws of intestacy. It's best to consult with an attorney to understand the specific laws in your jurisdiction.