Withdrawing money when you're gone...

Flushdraw

Here’s something that I was thinking about when I was heading to Vegas during the summer. Just say I was in an accident and it was game over for me..what happens to all the money I have tied up in various poker accounts?

How long does the poker site leave money in your accounts? Is it indefinite, and if so, then this money just goes to waste and no-one gets their hands on it..

Do people on here have a list of logons and passwords for different sites and instructions to next of kin to withdraw money etc should the inevitable happen before time? I don’t have a lot online myself at the mo, but it’s probably something that a lot of people don’t even think about.

And yes, i am bored in work

hotspur

Actually that's an excellent question, and one I hadn't thought of before. There really ought to exist mechanisms for the transfer of account balances after certain dormant periods of time / demise of account holder. I'm sure that the latter could be arranged if your accounts and holdings documented for your family.

I guess why no-one ever thinks of this is because in certain psychoanalytic thinking gamblers do what they do in order to confirm their belief in their immortality

Lplate

Sad as it may be, I have listed all my logons and passwords in a word doc and given my wife the details. I have also left details in my will in case both of us go at the same time. The thought of the online companies "inheriting" whatever cash I had on account with them drove me to this. Having said that, if I was to go tomorrow there wouldn't be enough for a good piss up!

Flushdraw

Lplate wrote:

Sad as it may be, I have listed all my logons and passwords in a word doc and given my wife the details. I have also left details in my will in case both of us go at the same time. The thought of the online companies "inheriting" whatever cash I had on account with them drove me to this. Having said that, if I was to go tomorrow there wouldn't be enough for a good piss up!

Thats exactly what i'm talking about. I felt like a bit of a tit doing it before i went to vegas but considering i was flyin out American Independance Day and possibly returning on Friday the 13th, i wasnt taking a chance

I think its something everyone should do and i'm pretty sure that theres a lot of people who have passed away with a lot of money tied up in online accounts that their families could have done with.

You're on the ball Lplate

luckylucky

I posted this same question not long after I joined this forum last year, the timing was awful, as some well liked poker player had passed away around the time and a post of condolences for him had gone up around the same time. I hadn't spotted the post at the time of it and I was wondering at first why I was catching so much flak for the post until I spotted it . I asked the mods to delete it so it didn't stay up too long.

Anyway I finally gave my wife a list of logins and passwords when I went to Vegas this summer. I think it's something that many people overlook.

sumoward

Would it be an option to keep your money centrally in Neteller and move what you need to individual accounts.

Then your next of Kin only needs details of one account?

Flushdraw

sumoward wrote:

Would it be an option to keep your money centrally in Neteller and move what you need to individual accounts.

Then your next of Kin only needs details of one account?

I dont use neteller and i know many others who dont either.

Rb

Lplate wrote:

Sad as it may be, I have listed all my logons and passwords in a word doc and given my wife the details. I have also left details in my will in case both of us go at the same time. The thought of the online companies "inheriting" whatever cash I had on account with them drove me to this. Having said that, if I was to go tomorrow there wouldn't be enough for a good piss up!

Wow, with her having such knowledge, you had better really behave yourself!

mrflash

I have heard this question asked before, and an american player said that if you did not use your account for a long period time, they send you and email and tell you they will be charging you for the upkeep of your account. So its a good idea that somebody would have access to this information.

ocallagh

If you don't have it in your will it's likely nothing will be done about it, unless your parents or next of kin know about the cash -then I'm sure they will be given authority to withdraw