Legal Question in Wills and Trusts in Ohio
joint bank account
My Mother had a joint bank account with a person who was put on the account solely for the purpose of helping my Mother with her bills. My Mother's been ill for years and she passed away 3 weeks ago. The other person on the account has never put a dime in this account and never used it for her own personal use. After my Mother's passing, she went and closed both accounts and took over $20000 of my Mother's money. I am the sole next of kin. Do I have any legal recourse against this thief?
1 Answer from Attorneys
Re: joint bank account
When you establish a joint bank account, you create a presumption that the belance goes to the co owner at death. That is the danger of these accounts when used just to enable another to assist in your banking. Absent a showing of fraud, duress or undue influence, you are unlikely to get any of these funds.