Legal Question in Wills and Trusts in New York

joint bank accounts
My father recently died. He had 2 bank accounts and I was listed jointly with him on both. I have been told by both banks that ''right of survivorship'' entitles me to this money...which is about $6000. One bank even sent me paperwork to close the account when they were notified. They other has a loan attached to it so that will need to be taken care of first. I am not on the loan. However, the estate lawyer is telling me that that was an account of convenience and that I am not entitled to this money. The bank disagrees. There is no mention of these accounts in the will.

Asked on 2/14/08, 4:59 pm

Michael Markowitz Michael A. Markowitz, PC

0 users found helpful

0 attorneys agreed

Re: joint bank accounts

The bank is correct. As a joint holder on the bank account the money passes to you by operation of law and not through the will.

Mike.

Answered on 2/15/08, 10:00 am

Keywords

Match Any Match All

Country

State

Area of Law