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Money and accounts

What happens to their bank account when they die?

Short answer

Joint accounts transfer to the surviving account holder. POD accounts transfer to the named beneficiary. Accounts with no joint holder or beneficiary go through the estate — meaning probate, or California's small estate process if the personal property is under $208,850 for deaths on or after April 1, 2025 ($184,500 applied earlier).

What this usually means

Joint accounts transfer to the surviving account holder. POD accounts transfer to the named beneficiary. Accounts with no joint holder or beneficiary go through the estate — meaning probate, or California's small estate process if the personal property is under $208,850 for deaths on or after April 1, 2025 ($184,500 applied earlier).

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Related questions

Official starting points

Rules and procedures can change. These official sources are the starting points used to review this topic.

Last reviewed: July 27, 2026 · California guidance unless noted otherwise

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