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My brother in law passed away in December 2020. He left a checking accout at a local bank without having a beneficiary. He has one brother and 3 sisters. He was never married and did not have any children. The surviving brother was beneficaiary to a savings acct.,but was never placed as a beneficiary on the checking acct. Since there are 4 siblings how can they collect that money left in his checking acct.
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Depending upon the amount of money in the account, there are several alternatives. If the estate meets the requirements, a small estate affidavit and order might work. It also will depend upon whether the bank will accept it or not. The 4 siblings need a lawyer who is familiar with probate law to help them make a decision.
Answered on Mar 07th, 2022 at 11:12 AM