Asked in BankingIncome GarnishmentProbateCommercial Bank and Checking Accounts
Are you entitled to half of a joint bank account?
January 21, 2008 3:46AM
No, you have an undivided interest in the entire bank account and it is up to you and the other joint tenants of the account to agree how the account will be used. If you are the sole remaining joint owner, then the entire account becomes yours. If you die before one or more other joint tenants, you and your estate have no further claim to the account, even if it was entirely your money that was deposited.