Was It Too Soon to Withdraw From a Beneficiary Account? | NC

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Q: What happens if I withdrew money from a beneficiary bank account after a parent died and the executor says it was too soon? A: In North Carolina, there is generally no probate waiting period for a valid payable-on-death beneficiary to receive the funds. Ownership usually passes when the last account owner dies. But the account agreement and bank records control. If another account owner was…