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Two sisters have a joint bank account with 5000 dollars in…

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Two sisters have a joint...
Two sisters have a joint bank account with 5000 dollars in it . One sister dies , does the money belong to the sister that shares the joint account or does it belong to the deceased only son ?
Submitted: 8 months ago.Category: Estate Law
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Answered in 2 minutes by:
9/11/2017
Estate Lawyer: Loren, Attorney replied 8 months ago
Loren
Loren, Attorney
Category: Estate Law
Satisfied Customers: 37,897
Experience: 30 years experience in the practice of estate law.
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Thank you for using JA. I am Loren, a licensed attorney for over 30 yrs., and I am here to help.

I am a certified expert on JustAnswer since 2009, with nearly 100% in 5 star ratings. So, we should be able to work through your problem.

This is general information and no attorney client relationship is established.

The site may ask you if you wish to speak by phone for an extra charge. Many find the phone call to be the easiest and fastest way to get the information they need without posting on a public forum. I am also happy to continue online.

As a general rule, where a bank account is held in joint ownership, the funds belong to the surviving joint owner and are not probate assets.

Please remember to leave a favorable rating (click 5 stars in the rating section on this page). It is the only way that I am credited by JustAnswer for answering your question.

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Estate Lawyer: Loren, Attorney replied 8 months ago

Did you have further questions? Please let me know if I have answered your question.

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Estate Lawyer: Loren, Attorney replied 8 months ago

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Loren
Loren
Loren, Attorney
Category: Estate Law
Satisfied Customers: 37,897
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Experience: 30 years experience in the practice of estate law.

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

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