Any way to leave my loved ones what's in my bank account?

[PrincessInWhite]

Would I have to make someone the financial recipient in my will or something?

I'm useless with legal finances, lmao. Any help would be greatly appreciated!

 

[TAW122]

If I were to give someone money in my bank account, I'd either withdraw my money out (slowly over time so there is no suspicion) in cash, or better yet, just write a check to the recipients. Other than that, I suppose writing it in the will and getting a lawyer would be the way, but I'm not knowledgeable in this area.

 

[PrincessInWhite]

wait so I could just write a check!? that easy?

 

[TAW122]

Well, I was thinking that because years ago when I needed money, my parents would write a check to me and I just deposited it into my bank account at the bank. So I figured that it could work the other way around.

 

[PrincessInWhite]

Well, I was thinking that because years ago when I needed money, my parents would write a check to me and I just deposited it into my bank account at the bank. So I figured that it could work the other way around.

but might there be trouble cashing the check of a deceased person?

 

[WhiteRabbit]

If they're your next of kin legally, they'll be able to get it if they provide a death certificate. I think. You may want to make up a will if you want the money divided out to certain people.

 

[ShadowOfTheDay]

but might there be trouble cashing the check of a deceased person?

Nope. As long as sufficient funds are present in your checking account at the time at which the check is cashed, your bank will approve the transaction.

I plan to leave my mother a check for 4,000.00 with which to provide me a basic cremation (no ceremony/service) if that's what she wants to do. I couldn't care less, though. If she doesn't want to claim my corpse, they can donate my remains to some medical research facility.

 

[jules18]

I'm not sure but I would imagine your closest relative can claim your bank account if they present a death certificate. In other words the reverse of how inheritance laws work.

 

[Kyrok]

Depends on local laws, but you might be able to have your bank put the name of a beneficiary on your account. Best also to have a will, ideally witnessed and notarized. I took care of such a couple years ago when I planned to ctb.

 

[IRIYAMA]

It's not a difficult thing with internet banking being done from smart phones.
I'm planning on transferring all money in the accounts through the app on the iPhone to family just before ctb, so there will be no delay for them trying to access the funds afterwards..