Bank Account Inheritance Process

Summary

If a bank is uncooperative regarding a deceased relatives account, Indianas small estate process may apply for accounts under $50,000. Consulting a local estate attorney can help navigate the situation and ensure proper distribution according to state laws.

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my father passed away and the Bank is giving me a runaround over his account
I'm sorry for your loss, Jason. May I ask in which country and state are you currently residing? This will help me provide more accurate advice about the inheritance laws applicable in your situation.
United States, Indiana
I'm sorry for your loss, Jason. In Indiana:
- If your father had a named beneficiary on his account, the money goes directly to them.
- If no beneficiary is named, the money goes into his estate and is distributed according to his will.
- If no will is found, Indiana intestacy laws apply.
There is no estate
In Indiana, if there's no estate:
- The law provides for a "small estate" process for estates under $*,*.
- If the deceased person didn't leave a will, the property will be distributed to the closest relatives under the state’s intestacy laws.
They won’t do that the account only has maybe *
I'm sorry for the inconvenience, Jason. In Indiana, if the value of the deceased person's personal property doesn't exceed $*,*, a small estate affidavit could be used to collect the funds. Did the bank specify why they are not cooperating?
It doesn’t
I'm sorry to hear that, Jason. It's best to consult with a local estate attorney to help you navigate this issue. They can communicate with the bank on your behalf and ensure you get what you're entitled to.
They said I need to speak to a law
It seems like the bank is asking for legal representation. You can find local estate attorneys in Indiana through the Indiana State Bar Association's lawyer referral service. They can help you navigate this situation.