Should a person die without a Will, who receives the checking and savings funds if only a mother and sister survive?
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Should a person die without a Will, who receives the checking and savings funds if only a mother and sister survive?
Asked on February 4, 2016 under Estate Planning, Pennsylvania
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 8 years ago | Contributor
First of all, was any beneficiary listed on the account? If so, then it would go to them. If not, then the funds in the account would become part of the deceased's estate. The estate assets would then be distributed as per state law (i.e. accordingy to the law of the state in which the deceased was domiiciled as of the date of their death). In a situation when someone dies without a Will they are said to have died "intestate". Therefore state intestacy law will control. Typically, when a person dies without no surviving spouse or children, their estate is payable to their parents. If there is no surviving parent, then it is paid to the deceased's siblings. To be certain of your rights under specific state law, you can contact the county probate court.
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