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what happens to money in your bank account after you pass away if the account is in your name and you have not named a payable on death beneficiary on the account the bank is going to freeze the assets in the account and the assets can only be distributed to someone pursuant to a court order here are the two ways the bank is going to find out that youamp;#39;ve passed away typically one is through the government if you receive any sort of government benefits and a check is made or a deposit is made after youamp;#39;ve passed away that government agency is going to send a notification to the bank hey she passed away on this date please send us back x amount of dollars and the second way is your people some family member is going to go to the bank at some point and maybe even have a death certificate and ask to get the money in the account and thatamp;#39;s kind of the situation where the bankamp;#39;s like no weamp;#39;re not cutting a check however thanks for letting us know shea