Maryland | Elder Law
5/11/04, 1:03 pm
Legal Question
Joint Accounts of Elder Relative
I have an elderly single relative who has all of her funds in certificate of deposit accounts and savings accounts. All of these accounts are in joint ownership with different relatives.(none of which are a spouse) Are all funds subject to designation to a nursing facility if and when the time comes? Is it possible only half of the money will be turned over? She does not have a power of attorney nor a will. I
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Read More Answered By: G. Joseph Holthaus III |
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