Legal Question in Wills and Trusts in California
Joint Bank Account
My father died and had a joint bank account with his girlfriend that he lived with for 3 years. This account was for a vacation property they owned together in joint tenancy. I know the property goes to her, but does the bank account belong to her also.
Asked on 1/18/04, 1:06 am
2 Answers from Attorneys
Scott Schomer
Schomer Law Group
Re: Joint Bank Account
Yes. Now you know the downside of placing people on your bank accounts.
Answered on 1/19/04, 12:54 pm
Ken Koenen
Koenen & Tokunaga, P.C.
Re: Joint Bank Account
Joint bank accounts normally mean they are totally owned by both parties, and therefore, have righ to survivorship, just like joint tenancy in real estate.
Answered on 1/18/04, 2:03 pm