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Posted

Is there a convenient way that a family member can access funds from a deceased bank account holder? This account can not exist as a joint account. Should I suddenly succumb to an unfortunate demise, I would like for my son to be able to withdraw the balance over time with a minimal amount of fuss. Would a bank card suffice? Assuming a Will and probate, how long would that process take? Thanks in advance for any helpful advice. 

Posted

No. Needs to go through probate. Your wife may be equally or more in line for the money as well. If that doesn't suit then create a will, but he'll probably have a fight with her anyway.

 

Trust him enough just to put the account in his name and you keep the ATM card?

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