The Facts: My sister, Joan, suffers from mental health issues that sometimes make it difficult for her to handle her own affairs. In order to guarantee that her bills were paid on time, my sister added my brother, Joe, as a joint owner on her bank account. A few years ago Joe guaranteed a loan […]
February 26, 2019 – 2:09 pm
The Facts: My mother had a savings account which held nearly $50,000. About a year ago while my daughter was visiting my mother, my mother and daughter went to the bank to make a deposit. While there an employee of the bank advised my mother that it was important that she name a beneficiary on […]
August 18, 2016 – 1:42 pm
The Facts: My father died last year and I was issued letters testamentary by the surrogate’s court. When going through my father’s desk, I found a bank statement dated June, 1999, for a savings account I did not know existed. The balance in the account in 1999 was nearly $5000. Unfortunately, the bank that held […]
The Facts: After my mother died, my father transferred his assets into a trust to avoid probate. He frequently told me how pleased he was that everything would pass to me and my sister without having to go to the surrogate’s court. After my father died last month, I discovered that he had a bank […]
