Legal Question in Wills and Trusts in Alabama
I live in al. my mother passed away .We have joint bank account . I have right of survivalship.My brother is executor of the will.they are wanting me to sign a wavier for me to give up the account.This does not seem right.What do you think?
Asked on 8/09/10, 7:45 pm
1 Answer from Attorneys
William Nolan
Nolan Elder Law LLC
In general, if you are a joint owner on the account, you have a right to the funds in that account. They are not part of the estate. They pass "outside" the probate process and are not controlled by her will.
William G. Nolan
www.NolanElderLaw.com
Answered on 8/15/10, 8:37 am
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