What do you think happens if you have a lot of money in the bank but no next of kin ?
What if you die suddenly. Where do you think the money goes? Do you think the bank still uses your money as leverage?
If you die intestate (without leaving a will) and you have no living relatives. Your money goes to the Government.
The bank does not get your money it goes into the national pot of the treasury.
So if you don't have any relatives, and you don't have a desire to give everything to the government, write a Will and have it properly witnessed and recorded leaving your money to whomsoever you want.
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