Are joint accounts safe from your estate?

The appellate division recently overturned a Nassau County case.  It was determined based on the facts of the case,   that the joint account was established merely as a convenience and that the joint owner was on the account for convenience.  Upon finding that the account was created merely to protect the assets and for the convenience of the testator, the court ordered that the proceeds be turned over to the Estate.    Matter of Dubin .


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s