Legal Question in Wills and Trusts in Florida

Re: Joint account funds after death

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Since the monies were held in joint names, I am not sure if the mother can give up her interest in it. The title to the account automatically belongs to the joint tenant upon the death of one of the joint tenants. This is different from an estate where ownership lies with the estate until it is actually transferred and a party can renounce his or her right to a bequest. You should probably speak with the legal department for the institution(s) and see what they might require or if they have any suggestions.

Scott R. Jay, Esq.

Re: Joint account funds after death

If are the exact facts are true the mother-in-law would need to file a disclaimer of her share of the inheritance so it would be distributed to your father.If you need further help e-mail me your phone # so I can call you to discuss.