Legal Question in Wills and Trusts in Michigan
michigan probate law
i live in wayne county michigan, i
have a joint bank account with my
boyfriend in which 90% of the
money accumulated is his(he put me
on account in 2005) he has no will
and 3 heirs(children) what are my
rights as a girlfriend on bank account
if he dies.(we have never been
married. can i take all the money and
give the kids nothing saying he has
no assets?
2 Answers from Attorneys
Re: michigan probate law
To know the answer to this question, I think you need to get information as to the ownership details of the account. Are you an authorized user, or a joint owner of the account? What does the bank typically do when one of the joint account holders dies? I imagine they have documentation as to what happens with your particular account if one of you dies.
With that said, if he died, and you kept all the money and the kids BELIEVED that they were entitled to some of that money, they might be inclined to sue you over it. Whether they'd have a worthwhile claim though really depends on your ownership interest. It probably wouldn't hurt to ask someone at the bank about this.
Re: michigan probate law
If you are joint on his bank account, then the money is yours. Perhaps you should consider asking him if it is his intention for you to have all the money.
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