QUESTION
i was wondering if I am on a bank account with my mother and decide to transfer a large amount into my own account. Do my brothers have access to it?
Asked on Jun 06th, 2019 on Wills and Probate - Oklahoma
More details to this question:
My brother transferred a large portion on money from my mother's account into an account with only his name. In the will money in all accounts should be split equal. Can I get any of the money that he has in his own name that belonged to my mother?
1 ANSWER
2 Awards
"On the account" is insufficient information. If your brother was on the account as a convenience signer, he had no right to any of the money. If he was on the account as a joint signer, he had a right to 50% of the money on your mother's death -- but a right to transfer 100% during her life. If he was on the account as a joint survivor with right of survivorship, he had a right to 100% of the money on your mother's death -- aqnd a right to transfer 100% during her life.
Answered on Jun 07th, 2019 at 6:04 AM
This is general information. It cannot substitute for a personal consultation with an attorney. It is not intended to be legal advice or imply an attorney-client relationship.