QUESTION
My brother and I have a joint account, what happens to the money if he dies?
Asked on Jun 07th, 2011 on Estate Planning - Florida
More details to this question:
If I have a joint checking account with my brother and he dies, who gets to collect? The kids are the beneficiaries under the will.
3 ANSWERS
Theodore W. Robinson
If it's a joint account, you get the money by operation of law and that is not affected by the terms of the Will. Good luck.
Answered on Jun 09th, 2011 at 12:06 PM
Trusts and Estates Attorney serving Jacksonville, FL
Partner at
Law Office of David M. Goldman PLLC
3 Awards
if you are joint owners and one dies, the funds belong to the other regardless of what is stated in a Will.
Answered on Jun 09th, 2011 at 10:42 AM
Glen Edward Ashman
Joint accounts do not pass under a will. They belong to the survivor.
Answered on Jun 09th, 2011 at 10:42 AM