Legal Question in Banking Law in Vermont
My dad died, my brother and I inherited 50/50. My brother was benificery of one acct. He refuses to put my name on the acct, or give me a bank card or checks. What can I do to get access of my 50% of this acct?
Asked on 7/28/24, 2:03 am
1 Answer from Attorneys
Richard Bryan
Richard Bryan Attorney PC
Whoever's name is on the account as beneficiary inherits 100% of the account. Everything else may be 50/50, but not this account. Beneficiary overrides anything else. The law is that your dad understood the consequences of putting your brother's name on the account and not both of your names, and your father intended to account to go to him 100%. That's the law.
Good luck.
Answered on 7/29/24, 2:26 pm