Q: Question about a Will of a Deceased person and who the money goes to?
If the Will of a deceased person states that his wife gets everything, can the wife take the will to the bank and ask banker to give all the deceased persons money from his sole owner account?
A:
She can ask, but no bank that I know of would allow such a procedure for anything other than a VERY small account (or one that has a beneficiary named). Probate of some sort is usually necessary in such circumstances.
Consult with a local probate attorney as there are often 'simplified' forms of probate available even if there is no beneficiary named. This highlights the importance of proper planning as much of this can be avoided if things are structured properly!
-- This answer is offered for informational purposes only and does not constitute legal advice or create an attorney/client relationship.
I am licensed to practice in Michigan only. Please seek competent local legal help if you feel you need legal advice
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