checking acounts
on ajoint account 1 person dies is the other party sole owner of that account or is it part of the deceased estate
Asked on 6/09/07, 11:05 am
1 Answer from Attorneys
Jeffrey R. Gottlieb
Law Offices of Jeffrey R. Gottlieb, LLC
Re: checking acounts
Generally speaking, the other party is the sole owner. There is a procedure for the estate to argue that it wasn't the decedent's intent and it should be part of the estate, but that is a narrow exception to the rule and would require an agreement or litigation.
Answered on 6/09/07, 11:12 am
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