My fatherinlaw passed away in mexico recently. We discovered his bank account has someone on it who lives in mexico. A cousin. Isn't a daughter entitled to this even though she wasn't on it? He was a US citizen. Are we in the dark on this?
The account operates like a contract and so if there is a designated beneficiary, then that person gets the money. That he has a child or even a spouse doesn't necessarily change that, regardless of whether the person is a US resident.
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