Who gets the money if someone dies who is jointly on a bank account?
Full Question:
Joint with Survivorship (not as tenants in common) Bank accounts. Does the executor of the living co-owner have a right to the funds in the account upon the death of one of the owners?
04/13/2007 |
Category: Wills and Estates |
State: Rhode Island |
#3066
Answer:
Typically, the survivor would receive the proceeds of a joint bank account, but it depends on the type of account and other factors.