E129 How to Collect a Deceased Persons Bank Account

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  • Опубликовано: 26 ноя 2024

Комментарии • 60

  • @AnthonySPark
    @AnthonySPark  5 лет назад +3

    Ask your questions about collecting a bank account here

    • @westhegreat1032
      @westhegreat1032 4 года назад +1

      My father passed in early January I'm the only child that he had relations with, he had no collateral, no mortgage,no vehicles,no rent,no debt at all he only received 1,200 a month from Social Security. The cremation place made an error an error on his death certificate i just received it yesterday he's been deceased almost 4 months can i claim his bank account balance ?

    • @AnthonySPark
      @AnthonySPark  4 года назад +3

      Yes, your local court may have a simplified form (in NY it’s called “Small Estate”) and you can do it without a lawyer. Once you receive your court certificate, take that to the bank with the death certificate and you should be able to collect.

    • @followjesus1982
      @followjesus1982 4 года назад

      @@AnthonySPark Hi. Where can I contact you? Do you have any email? I would like to ask a question, but privately. Thank you.

    • @AnthonySPark
      @AnthonySPark  4 года назад +1

      youtube@Anthonyspark.com

    • @sweetieclc
      @sweetieclc 3 года назад

      You need a death certificate, EIN, and what?

  • @pamelajackson2383
    @pamelajackson2383 Год назад +3

    does a person have to go to court to get funds in a T.O.D. account ? (transfer upon death) How does TOD work?

  • @angelatwistee9524
    @angelatwistee9524 2 года назад +4

    Anthony...my father passed. He has a Direct Express card where he gets is SSI benefits on automatically deposited . I am the benifiary in the WILL and personal representative. How do I get the 21K from the card? I do have a check made out tonthe Estate of my father. I understand I must set up an bank account with a death certificate and a tax ID. Plz help..

  • @ZebLewis
    @ZebLewis Год назад +6

    I have a weird one. I started taking care of an elderly woman (ie buying her groceries (with my own money) and driving her to appointments. When I met her she was living in a low income apartment. We became very close friends and in fact she told people I was her son frequently. Right before she passed away she called me and told me she was leaving me millions of dollars. I thought maybe she was not doing well or something and didn’t think much about it. After she passed her lawyers office contacted me and confirmed it but then flipped and said she wasn’t of sounds mind and the will was no good. But when you look at the public record everything is just gone. I don’t know what happened or how I would even find out about what happened. Her lawyer just flipped and wouldn’t talk to me. Could it be in a tod or something like that? Sorry for the long comment.

    • @Aspire2tone
      @Aspire2tone 10 месяцев назад +3

      They stealinggggggggggggggg

    • @ZebLewis
      @ZebLewis 10 месяцев назад +1

      @@Aspire2tone haha I think you’re right 😂 I’ve already moved on for my own peace of mind but I was heart broken because they wouldn’t even give me pictures of her. It will all work out in the end 🙌🏼

    • @GenieFarms
      @GenieFarms 4 месяца назад

      It sounds like she left you something but they didn't agree for you too have it.​@@ZebLewis

  • @TheSooz2008
    @TheSooz2008 2 месяца назад

    How do you make sure you have in place a POD for a bank account and that the bank hasn't changed that or deleted it? Are all parts of the account covered under one POD or do they have to be individually have to have the POD? Cd, checking and savings?

  • @HappySlayer81
    @HappySlayer81 3 года назад +2

    What if I have the pin number and I'm the only relative? How illegal is it for me to just take the money out?

  • @karengordon6610
    @karengordon6610 Месяц назад

    How can I find out it there was money in my mother’s trust? My sister was the executor of the will, she was on the trust with my brother and I.

  • @Aspire2tone
    @Aspire2tone 10 месяцев назад

    You guys never went over the steps to even set up a court date and stuff. I’m still wondering if i need to hire an attorney or if i can do this all alone

  • @hmayor3745
    @hmayor3745 Год назад

    What is the average amount to pay a probate lawyer to take care of a situation like this?

  • @yummylaos
    @yummylaos Месяц назад

    So if a person that dies been receiving checks from the social security office you won’t get the money after death they will try to reverse it

  • @brendaniemann799
    @brendaniemann799 Год назад +1

    Okay my husband has $500 in the bank and I'm supposed to go through all this they can keep it

  • @jasmindixon9323
    @jasmindixon9323 Год назад

    i give authorization to a person to collect my money ,at the bank and the bank release alreafy the money but why she said, we wait for grant of the court before she can send to me.

  • @rvodyssey9223
    @rvodyssey9223 3 года назад +3

    I'm in a pretty stressful situation. So if somebody could answer this one question which no one can seem to answer. My father passed he has an account that's below $10,000. This is in the state of PA. I am told several different things on how this account is released. I was told that it should be released directly to the kin which would be me. The bank has also told me that the money is supposed to go to nursing homes even though the house is going to the nursing home. So I guess my final question is for my actual question is who does that money go to the family or through the nursing home? Keep in mind the nursing home is getting the house in property that far succeeds the balance.

    • @user-up4zi1do6p
      @user-up4zi1do6p Год назад

      I live in Pennsylvania and I say get a lawyer now. The nursing home does not care about you. Lawyer up now.

  • @maniaccash1414
    @maniaccash1414 Год назад

    Great video it really made me feel at ease in my current situation 💯

  • @TheChrist559
    @TheChrist559 5 лет назад +8

    Ima spend it all before anyone touches my money

    • @tomriggle3217
      @tomriggle3217 5 лет назад

      It isn't collect it's stealing two different words two different meanings

  • @juliezhang9847
    @juliezhang9847 Год назад

    Great videos. Two scenarios. I have two beneficiaries (husband and daughter) under my bank account. 1. what should i do if one of beneficiaries passes away before the primary acct holder? 2. If me and husband pass away for some reasons, how does my daughter proceed my account? I am seeking your advise and response. Thanks.

    • @user-up4zi1do6p
      @user-up4zi1do6p Год назад +1

      All of the funds will go to your daughter.

  • @lady120297
    @lady120297 3 года назад

    Hi, love your clip, very helpful. Quick questions 🤔
    1)If you are selecred by the family to be the informal estate representative (as there is no need for probate as seen below) do you still need to go through the court to now be the official representative in order to get a court order for the bank to release the funds to an estate (if the aren't any beneficiaries)? 2) can the medical, funeral expenses, federal taxes, etc be paid directly from that bank account/estate before having to pay any other debtors such as credit cards?
    3) Is it to my understanding that if there was a conjoined account or beneficiaries, this would be excluded as a source debitors could collect OR would debt need to be consolidated beforehand?
    To put everything into context, my husband was designated as the informal estate representative of his dad (agreement by mom, (they are NOT married; common law isn't applicable in CA) AND siblings. He has been following the guidelines listed (after tiredness research to become self knowledgeable ;to the extent possible) as what needs to be done to establish his dad's estate ($ vs debt), and if probate would be necessary (as well as identifying sources of $ that may be required to use to pay the most possible debt. To our understanding, only the bank account may be in his sole name. 4) Would there be possible criminal charges if we attempt to identify if there were any beneficiaries (as we can't find that online)? 5)coocupancy, which passes upon death in lieu of survival sole ownership to mom. That would be excluded correct?
    The below would need to be in probate and be accessible for debitors to make claims for payment.
    1. Assets in the deceased person's name alone. (Perhaps and only bank)
    2. One-half of each asset owned as community property in the decedent's name with his or her spouse. (N/A as they aren't married)
    3. The deceased person's portion or share of an asset where the asset is owned as tenants in common with other people. (N/A)
    4. Personal property assets, which are owned but are not registered as the personal property of the Decedent, such as furniture, jewelry, etc. (N/A; i read car did NOT count, is that correct?)
    California law provides that a probate is not necessary if the total value at the time of death of the assets, which are subject to probate, does not exceed the sum of $100,000. There is a simplified procedure for the transfer of these assets.
    The $100,000 figure does not include vehicles and certain other assets.
    coocupancy, life insurance, social security benefits etc

  • @aseretaretrom4807
    @aseretaretrom4807 2 года назад

    What if a domestic partner was given a CD ITF account . Is it legal for the domestic partner to claim the itf account

  • @carmelitafearon5693
    @carmelitafearon5693 Год назад

    if funds was left for a child as a beneficiary. However the funds was given to the grandmother because the child was young. The mother was a crown ward and had no current relations with her mother. If the mother kept the funds that was left for the child, how do you over turn this if you are the care giver of the child and have court documents to prove it.

  • @RomeJer
    @RomeJer 3 года назад +2

    Hello can you please help me. There is a guy who told me that I can be able claim a dead persons unclaimed fund. Since im also a Filipino. Please help

  • @outdooradventures1361
    @outdooradventures1361 2 года назад +2

    The administrative office disapproves

  • @esolo7485
    @esolo7485 10 месяцев назад

    Beneficiary still goes thru probate someone’s dealing with that now?

  • @akhtarshahbaz6951
    @akhtarshahbaz6951 Месяц назад

    Can I get without atyorney

  • @AbbyRowe-rf3uv
    @AbbyRowe-rf3uv 5 лет назад +2

    This is referring to relatives bank accounts correct?

  • @HopeMathopa
    @HopeMathopa 6 месяцев назад

    It's possible to claim my mother's money without her id?

  • @TheRoadLessChosen
    @TheRoadLessChosen 3 года назад +1

    My mom was a care taker of a lady for the last 8 years. The lady ended up having my mom sign on as a joint account. She was going to put her on the will but was too sick. Her children are trash and just about that extra money. She was a wealthy woman. That is neither here nor there but they do have the ability to get a lawyer and fight it. If my mom is on it then I guess she is the beneficiary? This is an account in Texas. She told my mom before she died, “don’t you worry you will be just fine when I pass!” Her son was the POA and he told my mom she needed to do the right thing when she dies. Or I hope you do the right thing when she dies.

    • @CocoChanelle-1
      @CocoChanelle-1 Год назад

      Law goes by the will or the the beneficiary on the account. It’s up to your mom to do whatever after that. Children can fight it in court if she had dementia.

  • @heartatwork
    @heartatwork 3 года назад

    What happens if it doesn't go to probate?

  • @gloriamiliner8953
    @gloriamiliner8953 3 года назад

    What if you decide to go to another bank

  • @asliyahtawantawan
    @asliyahtawantawan Год назад

    Hi i have questions my husband passed away last June 20, 2023 and I'm her in the Philippines how can I get my husband money in the bank my sister in law send me all the reference no.but I don't know how to start processing it I hope you can answer my questions sir and ma'am thank you so much 💖

  • @11ccom
    @11ccom 9 дней назад

    ✅✅ I want taco crickets ✅✅

  • @raquelcorazon8248
    @raquelcorazon8248 2 года назад

    What about if the ejecutor making falses papers and keeps or hide all the heritage left to a person ( caregiver, partner ) and he's executive change everthing( papers) after he died not letter or notificación came to the house not more I went to claim he's death certificate they not give to me, I need to take care most of he's bilis payments or sending to a ssi or va.but they keep all the papers with them. My late ex a used to be married to him@14 yrs before we divorce than he married 3o4 times. But when he whas sick not one whas with him neither he's grown up kids.he whas divorce and lonenly when a get back with him over 7 months to taking care of him at he's home. He left me all at a writing letter by his hand and 2 witness because he's asesor ( lawyer) not want to contact him he try to reaction him severas times to change the weel but he never whas there at he's office or not calling back than he past away my ex husband than the lawyer he took my letter and reboke that letter he left me so he can keep all.a never see him he never rich or contac me. I don't nkow what to do?

  • @jasmindixon9323
    @jasmindixon9323 Год назад +1

    i am beneficiary of my husband died in england and im here in philippines,and my money they said it need grant of the court befire send to me in the philippines

  • @Burritosarebetterthantacos
    @Burritosarebetterthantacos 3 месяца назад

    Pretty bad Im here even after paying a lawyer.

  • @carmenserrano7669
    @carmenserrano7669 2 года назад

    Know I know why my Granma kept her money home.

  • @akhtarshahbaz6951
    @akhtarshahbaz6951 Месяц назад

    Y you laugh like a full