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I don't know how easy is it from where you are from, but a friend of mine lost his dad during covid second wave, and it took him months to get just get access t
by ghostfoxgod 1y ago
I don't know how easy is it from where you are from, but a friend of mine lost his dad during covid second wave, and it took him months to get just get access to his dad's bank accounts.
Seems very scary, there might be so many things that he doesn't even know about. I tried searching for this, and it seems like there are billions of dollars left in dormant accounts because no one claimed it, majorly because the person's family don't even know how to access those or worse are not even aware about it.
- scarface_74 1y agoI am my parents only child - they are both in their 80s. I’m the beneficiary of all of their accounts. I reviewed where they have their accounts at. As long as I know where there accounts are, if it takes months to get to it - which isn’t the case since I’m the beneficiary, why does it matter? I don’t need their money. However, they did make me a joint account holder on one of their accounts that had enough money in it to take care of final expenses. Even if I did have passwords to their other accounts, I wouldn’t access them and start transferring money until it went through all of the level processes when they pass - aside from their joint accounts. Of course joint accounts does require a fair amount of trust in your children.