Legal Question in Wills and Trusts in Florida
estates
a friend of mine died recently, he was engaged to a woman who lived with him. He did not have a will. He has two surviving children (one is a minor) My question is: What happens to a joint bank account that is in both his and the fiance's name?
Asked on 1/21/08, 6:54 pm
1 Answer from Attorneys
Jerome Gamache
Ainsworth Thelin & Raftice, P.A.
Re: estates
The contents of a joint account, if the bank has set up the account as joint and payable on death or with rights of survivorship, will go to the joint holder and not the estate. However, some joint accounts are treated by the bank as joint withdrawal rights during life, but remains the property of the deceased, so it is important to check the specific type of joint account.
Answered on 1/22/08, 8:17 am
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