Spouse Dies: What Happens to Your Joint Bank Account?

What actually happens to a joint bank account when your spouse passes away? Does the bank freeze the money? Does it go through probate? Can the surviving spouse access it immediately? The answer depends on how the account is titled, your state’s laws, taxes, and even FDIC insurance rules. In this video, we break down 5 important things every married couple should know, including: ✅ Right of survivorship and what it means for your money ✅ What happens if the account is held as tenants in common ✅ Community property rules in 9 U.S. states ✅ Federal and state estate/inheritance taxes ✅ The FDIC insurance grace period after a joint owner dies ✅ What happens to interest and investment growth ✅ Joint accounts between parents and adult children ✅ What happens to your spouse's debts ✅ Online banking and safe deposit box access ✅ Blended families and children from previous marriages ✅ A practical first-30-days checklist for surviving spouses Most importantly, you'll learn what questions to ask your bank and what documents you should have ready so you aren't left confused during an already difficult time.