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Funds in deceased father's account, does this void my poa

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funwithterri

Junior Member
What is the name of your state (only U.S. law)? Arizona
My step dad gave me poa on his bank account several years ago. Since then, the bank merged with another bank and he has passed away leaving no will. lBecause I'm not on his account, and he is deceased, the bank has denied me access and unable to give me any infomation. What legal rights do I have? Please help!!

Any suggestions will greatly appreciated!

Thank-you
funwithterri
 


Just Blue

Senior Member
What is the name of your state (only U.S. law)? Arizona
My step dad gave me poa on his bank account several years ago. Since then, the bank merged with another bank and he has passed away leaving no will. lBecause I'm not on his account, and he is deceased, the bank has denied me access and unable to give me any infomation. What legal rights do I have? Please help!!

Any suggestions will greatly appreciated!

Thank-you
funwithterri
The POA died with your step-father. Probate needs to open.
 

Dandy Don

Senior Member
Yes, probate is needed.

What year did the death happen? What year did the bank merger occur approximately? How much is in the account? You can check at the county courthouse probate court to see if, depending on the amount, this would qualify for a special smaller estate probate process. As soon as you file you will receive letters testamentary from the court and you will present a certified copy of this document to the bank so they can cut a check to the estate.

If your father left a will that was probated you should inform the executor about this so he/she can claim the money for the estate and distribute it to all of the heirs.

Have you verified that the bank still has the money now? I'm surprised they haven't turned it over to the state unclaimed property department by now.

DANDY DON IN OKLAHOMA ([email protected])
 

BlondiePB

Senior Member
What is the name of your state (only U.S. law)? Arizona
My step dad gave me poa on his bank account several years ago. Since then, the bank merged with another bank and he has passed away leaving no will. lBecause I'm not on his account, and he is deceased, the bank has denied me access and unable to give me any infomation. What legal rights do I have? Please help!!

Any suggestions will greatly appreciated!

Thank-you
funwithterri
Until probate court appoints you the Personal Representative and issues you Letters of Administration, you have no rights to access any of dad's bank information or money in that account (which will be made payable to the estate of your dad).

Arizona Intestate Succession Laws

If any part of an Arizona decedent's estate is not effectively disposed of by will, the intestate share will be distributed in the following order and manner:

1. Surviving spouse. A surviving spouse is generally first in line to get any assets from the intestate estate, including both separate property and the one-half of community property that belongs to the decedent. However, the amount a surviving spouse is entitled to varies as follows:

If there is no surviving issue (i.e., children) or if all of decedent's surviving issue are also issue of the surviving spouse, the surviving spouse is entitled to the entire intestate estate.
If there are surviving issue one or more of whom are not issue of the surviving spouse, one-half of the intestate separate property and no interest in the one-half of the community property that belonged to the decedent.
2. Heirs other than surviving spouse. Any part of the intestate estate not passing to the surviving spouse as indicated above, or the entire intestate estate if there is no surviving spouse, passes as follows:

To the decedent's descendants by representation.
If there is no surviving descendant, to the decedent's parents equally if both survive, or to the surviving parent.
If there is no surviving descendant or parent, to the descendants of the decedent's parents or either of them by representation.
If there is no surviving descendant, parent or descendant of a parent, but the decedent is survived by one or more grandparents or descendants of grandparents, half of the estate passes to the decedent's paternal grandparents equally if both survive or to the surviving paternal grandparent or the descendants of the decedent's paternal grandparents or either of them if both are deceased with the descendants taking by representation. The other half passes to the decedent's maternal relatives in the same manner. If there is no surviving grandparent or descendant of a grandparent on either the paternal or the maternal side, the entire estate passes to the decedent's relatives on the other side in the same manner as the half.
If all or part of a decedent's intestate estate passes by representation to the decedent's descendants (as mentioned above), that estate is divided into as many equal shares as there are surviving descendants in the generation nearest to the decedent that contains one or more surviving descendants and to deceased descendants in the same generation who left any surviving descendants. Each surviving descendant in the nearest generation is allocated one share. Any remaining shares are combined and then divided in the same manner among the surviving descendants of the deceased descendants as if the surviving descendants who were allocated a share and their surviving descendants had predeceased the decedent.

If all or part of a decedent's intestate estate passes by representation to the descendants of either of the decedent's deceased parents or to the descendants of either of the decedent's deceased paternal or maternal grandparents, all or part of the estate is divided into as many equal shares as there are surviving descendants in the generation nearest the deceased parents or either of them, or the deceased grandparents or either of them, that contains one or more surviving descendants and to deceased descendants in the same generation who left any surviving descendants. Each surviving descendant in the nearest generation is allocated one share. Any remaining shares are combined and then divided in the same manner among the surviving descendants of the deceased descendants as if the surviving descendants who were allocated a share and their surviving descendants had predeceased the decedent.

3. State of Arizona. If there is no taker under any of the above provisions, the intestate estate passes to the state of Arizona.

Arizona Intestate Succession Law Fun Facts

Relatives of the half blood inherit the same share they would inherit if they were of the whole blood.
Relatives of the decedent conceived before his death but born thereafter inherit as if they had been born in the lifetime of the decedent (provided the new-born lives at least 120 hours after birth).
Any person who fails to survive the decedent by 120 hours is deemed to have predeceased the decedent for purposes of intestate succession (which means that the person generally doesn't get a share of the decedent's estate). If it cannot be established by clear and convincing evidence that the person who would otherwise be an heir has survived the decedent by 120 hours, it is considered that the person failed to survive for the required period. However, these rules don't apply if the end result is that the state of Arizona gets the intestate estate.
Arizona's intestate succession laws, as well as other laws dealing with wills and decedents' estates, can be found in Title 14 of the Arizona Revised Statutes.


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BlondiePB

Senior Member
Furthermore, if Step-dad has living relatives, they will have first consideration being the Personal Representative of the estate and the money in the account as well as ALL other assests will go to them, not you.
 

BlondiePB

Senior Member
Yes, probate is needed.

What year did the death happen? What year did the bank merger occur approximately? How much is in the account? You can check at the county courthouse probate court to see if, depending on the amount, this would qualify for a special smaller estate probate process. As soon as you file you will receive letters testamentary from the court and you will present a certified copy of this document to the bank so they can cut a check to the estate.

If your father left a will that was probated you should inform the executor about this so he/she can claim the money for the estate and distribute it to all of the heirs.

Have you verified that the bank still has the money now? I'm surprised they haven't turned it over to the state unclaimed property department by now.

DANDY DON IN OKLAHOMA ([email protected])
FYI, and other repliers, keep in mind that the OP is a step-child of the deceased who has no rights to the decedent's estate. This is an intestate estate.
 

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