Hi,
I'm early twenties, single with no children. If I were to die without making a will, do all of my possessions and savings automatically go to my parents?
I have quite a bit of money split across four bank accounts. No one knows about my accounts but if I were to die in the morning would these accounts be frozen upon my death and my parents made aware of them or would they continue to be dormant for many years until the bank is notified of my death, whenever they may be.
I never thought about making a will at my age but I'm starting to think maybe I should, especially if my parents were only to receive what was in my current account at the time of my death because they were not aware of my other accounts.
Fran
I'm early twenties, single with no children. If I were to die without making a will, do all of my possessions and savings automatically go to my parents?
I have quite a bit of money split across four bank accounts. No one knows about my accounts but if I were to die in the morning would these accounts be frozen upon my death and my parents made aware of them or would they continue to be dormant for many years until the bank is notified of my death, whenever they may be.
I never thought about making a will at my age but I'm starting to think maybe I should, especially if my parents were only to receive what was in my current account at the time of my death because they were not aware of my other accounts.
Fran