Back story: A very close friend passed away this year. He had no relatives in the U.S. and had been "adopted" into our family. He listed me as beneficiary (through P.O.D) on several bank accounts and I am listed as next of kin on death certificate. On a separate note (not sure it matters) he had a will which I was executor of. The will only mentions 3 cars and the contents of his home. I am not beneficiary to anything on his will. His home was grant deeded before he passed away to someone else so it didn't have to go through probate.
Question: If no POD had been listed would the bank have handed the money over to me simply because I was listed on death certificate( it was that simple). I don't think they would have but recipient of home is saying I took money that wasn't for me. I want to make sure I didn't handle this incorrectly.