Under Illinois law, if two people with joint tenancy in a bank account die simultaneously, the account “shall be distributed 1/2 as if one had survived and 1/2 as if the other had survived.”

For resources related to our guidance, please see:

• Illinois Simultaneous Deaths Statute, 755 ILCS 5/3-1(c) (“If 2 persons hold title to property as joint tenants, the property shall be distributed 1/2 as if one had survived and 1/2 as if the other had survived.”)