I am my parents only child - they are both in their 80s.
I’m the beneficiary of all of their accounts. I reviewed where they have their accounts at. As long as I know where there accounts are, if it takes months to get to it - which isn’t the case since I’m the beneficiary, why does it matter? I don’t need their money.
However, they did make me a joint account holder on one of their accounts that had enough money in it to take care of final expenses.
Even if I did have passwords to their other accounts, I wouldn’t access them and start transferring money until it went through all of the level processes when they pass - aside from their joint accounts.
Of course joint accounts does require a fair amount of trust in your children.