Legal Question in Wills and Trusts in Ohio
Withdrawls from a joint savings other than surving spouse
I was signed on my fathers savings account along with
my father and step mother. Before he passed away he
was told me to take out some money from savings account to keep from step mother. Can she make me put the $ back into the estate?
Asked on 1/31/02, 6:55 pm
1 Answer from Attorneys
Re: Withdrawls from a joint savings other than surving spouse
If all three individuals are listed as owners on the account, then each has the right to access and withdraw funds. That is the danger of joint accounts.
Answered on 2/04/02, 1:56 pm