Legal Question in Wills and Trusts in Arizona
if there is no will
If there is no will Am I entitled to my moms money even if my sister is a signer on her account?? My sister said she doesnt have to give anything.
Asked on 1/22/07, 9:35 pm
1 Answer from Attorneys
James Jenkins
Jenkins Law Center PLC
Re: if there is no will
Looks like Mom wanted sis to get the dough, so put it in her name.
"Name on the account" can mean several things:
1. Joint account, sis is a joint owner. She gets it all.
2. P.O.D. to sis. She gets it all.
3. Sis is signer only. She gets share from estate, not account automatically.
4. Sis is P.O.A. on account. Same share as #3 above.
5. Sis is trustee. Trust owns account.
Good luck and best regards. See an attorney for more complete facts from you and opinion from the attorney.
Answered on 1/22/07, 11:03 pm