QUESTION
Joint checking account primary is deceased.
Asked on Jul 17th, 2020 on Wills and Probate - New York
More details to this question:
Father (deceased) has joint checking account with my elderly cousin who wants nothing to do with it. Can I add this account to estate probate to access it? I have received notice that the account is now deemed inactive by the bank and will be turned over to the state using escheat clause.
1 ANSWER
2 Awards
If the account is pay on death or joint with right of survivorship, it belongs to the cousin. If the account is merely joint, half (but only half) belongs to the probate estate.
Answered on Jul 18th, 2020 at 5:14 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.