Legal Question in Wills and Trusts in Texas

Mother had moved accounts into joint name with sister as joint tenants with rights of survivorship - Mother's intentions were for the money to be divided equally among siblings - Sister did disburse the money upon Mother's death, but is now saying it's legally hers and she wants it paid back to her. Wouldn't the disbursements be considered a gift and wouldn't that mean it's irrevocable?


Asked on 4/20/12, 9:47 am

1 Answer from Attorneys
Cynthia Henley Cynthia Henley, Lawyer

I would take the position that it was a gift she made to you and not discuss it further. She knows what you mother wanted. This is why I tell people (friends because I do not do wills) not to trust family or friends with money. Not a good idea.

Read more
Answered on 4/20/12, 8:23 pm


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Texas