Estate Law Questions? Ask an Estate Lawyer.
Hello and welcome. I am working on your answer and will be right back!
I am very sorry for your loss. Normally you would go to the bank to open the estate account which bank will want to see the poa, any will or policy, death certificate and ID. The bank may require that you obtain an order from the surrogate court and letters adminstration to cut the proceeds. The 401k should be paid to the named beneficiary under the account as designated in his 401 plan.
There is only one charge for the question.
If no one named as beneficiary, it would go into the estate, and pass under his will, and absent a will, next of kin under intestate
Kindly rate me 5 stars.