What is the name of your state (only U.S. law)? Ohio
My father has monies in his bank that have been listed as Paid On Death equally to his four children. My sister, who was married for only 23 months, died suddenly 4 months ago. My father has not taken her name off or changed the name on the POD as of yet. My question is: If my father passes away (he is not in good health) and leaves my sister's name as POD on this document, will her husband automatically be able to inherit this money since he is her surviving spouse as she has no children? If not, what will happen to the monies that were to go to my sister? Unfortunately, My father has no will or trust as he feels the POD on his documents is enough. The relationship we had/have with her husband is not good. My sister took her own life due to the emotionally abusive marriage she was in. We have not spoken to or heard one word from her husband since the funeral. My family lives in Ohio, he lives in Michigan. Thank you in advance for your answer.
My father has monies in his bank that have been listed as Paid On Death equally to his four children. My sister, who was married for only 23 months, died suddenly 4 months ago. My father has not taken her name off or changed the name on the POD as of yet. My question is: If my father passes away (he is not in good health) and leaves my sister's name as POD on this document, will her husband automatically be able to inherit this money since he is her surviving spouse as she has no children? If not, what will happen to the monies that were to go to my sister? Unfortunately, My father has no will or trust as he feels the POD on his documents is enough. The relationship we had/have with her husband is not good. My sister took her own life due to the emotionally abusive marriage she was in. We have not spoken to or heard one word from her husband since the funeral. My family lives in Ohio, he lives in Michigan. Thank you in advance for your answer.
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