Legal Question in Wills and Trusts in California
Grandfather died without a will, no estate to speak of. I'm named as successor/co-owner on his bank account card. Do I have any debt obligation regarding those funds (about 6k) or can I use them when the bank closes the account and sends me a check?
Asked on 12/19/11, 7:18 pm
1 Answer from Attorneys
Scott Jordan
Jordan Law Office
If you were a joint tenant on the account, when your grandfather passed, you became the owner of the account and the money. The money is not a part of your grandfather's estate. Therefore, you can keep the money and use it as you wish.
Answered on 12/20/11, 10:05 am