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How do withdraw money from a deceased person?
11-09-2012, 07:46 PM
Post: #2
mbrcatz Offline
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They can't "withdraw" money from his accounts. If he set the account up as POD, Pay Upon Death with someone named, all they have to do, is turn over the death certificate, and the bank will cut the check to that person. If it's NOT a POD account, then all his assets will have to go through probate, if he has no will.

They'll probably need to hire an estate attorney. All the debts he owes will have to be paid off, before anyone can inherit anything.
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[] - mbrcatz - 11-09-2012 07:46 PM
[] - efflandt - 11-09-2012, 07:46 PM
[] - steepquicksand079 - 11-09-2012, 07:46 PM

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