If I have a joint bank account with a deceased parent, who gets it when I die?
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If I have a joint bank account with a deceased parent, who gets it when I die?
My son is the beneficiary; my wife is the personal representative in my Will with full Power of Attorney. Upon my death does any money in the account go to my son with the proper documents presented, or does the account fall under the control of my personal representative (my wife)?
Asked on August 21, 2013 under Estate Planning, Florida
Answers:
Anne Brady / Law Office of Anne Brady
Answered 11 years ago | Contributor
If your son is the named beneficiary of the bank account with the bank, then the account will pass to your son as a non-probate asset. It would not be controlled by your wife.
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