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Actions of Banks After Individual Account Owner Dies

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Get together with like-minded individuals in our Impactful Inheritance community to discuss planning, preservation, and protection of wealth. Join our community today and start making a difference for future generations. 30 day free trial at the following link: https://www.impactfulinheritance.com/share/7mj8HOa2ob0Bzlog?utm_source=manual Our national estate planning law firm website: https://aeplawyers.com/ To request a no-cost zoom estate planning design meeting: https://aeplaw.cliogrow.com/intake/7176090c4db516b907aa7ed491d9a8de 0:00 Individual Bank Account Owner Dies 0:17 Frozen Bank Accounts are Frustrating to Survivors 0:43 Banks Have Their Own Policies and Procedures 1:17 The Banking Corporate Hierarchy 2:06 The Individual (Not Joint) Account 2:43 Payable on Death (POD) Designation 4:24 No POD Designation 4:42 How Does Bank Find Out of Death? 5:09 Letters Testamenary 6:14 Death Certificate 6:34 Funds Go To Estate Account 7:27 Individual Account With Authorized Signer 9:06 Communicate With Your Banks 9:46 Two Things Needed: Documentation and Patience 10:08 AEPL Invitation

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