One of our customers recently passed away. She had two IRA accounts, on which the beneficiaries were her son and daughter, and they've taken those funds. So that's all set.

This customer also had a savings account on which she was a sole owner and the balance is $6,000.00.

The question is, can the son and daughter, complete a Waiver of Heir form to have the account closed and funds disbursed to them, or are/were the IRA's considered in the calculation of total funds which would mean the $6,000.00 would have to go to whoever is the court designee for our late customer?