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Eldercare
Reply to "dying without a will"
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[quote=Anonymous][quote=Anonymous]Thank you. How would my mother set up what she needs to do to make her assets pass to a named beneficiary? I feel that her assests are so small, and we control her bank account anyway, so couldn’t we just shift the pension and social security payments into our own bank accounts the day they are posted and then basically when my mom passes away, there will be close to zero in her bank account. To be clear, this is all on the up and up with my mom. My sister and I pay most of her expensive assisted care fees, and my mom wants to give the little amounts she collects each month from SS and pension to my sister and me to help offset those costs. [/quote] This information may help: https://www.findlaw.com/estate/probate/bank-account-beneficiary-rules.html https://www.protective.com/learn/what-happens-to-my-pension-if-i-die-before-i-retire#:~:text=The%20beneficiary%20is%20the%20person,the%20benefits%20of%20your%20pension.[/quote]
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