Q: My father died and put me as beneficiary on his bank accounts. I was able to acess his accounts. But now I'm not sure .
I not sure I should have. He died in Florida.
A: If you are the payable on death "POD" or transfer on death "TOD" beneficiary on your late father's accounts, then all you would need to do is show the death certificate, and the accounts would be transferred to you. You do not not need to open an estate unless there is an asset without a beneficiary designation. You acted correctly based on the description of what occurred. If you have any other questions, you should call an attorney in Florida.
A: First, I am sorry for your loss. You will want to meet with your banker to discuss the account, but if you were on the account, the account probably went to you when he passed. You bank can advise you further. Best of Luck! Jennifer
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