Who does the money in a bank account go to if a brother and sister share an account and the brother dies intestate?

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Who does the money in a bank account go to if a brother and sister share an account and the brother dies intestate?

The brother and sister share a joint bank account. The brother dies intestate

without a spouse but has 3 adult children. Will the money left in the account

automatically go to the joint account holder or will it have to return to the

estate?

Asked on March 29, 2018 under Estate Planning, Oklahoma

Answers:

M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney

Answered 3 years ago | Contributor

Upon death, joint accounts become the property of the surviving co-owner; they do not beome the property of the deceased's owners estate. Accordingly, the sister would legally be entitled to all monies in the account.


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