What is the difference between a joint account and right of survivorship?
"New York", United States of America
The following excerpt is from Brusso's Estate, In re, 168 N.Y.S.2d 72, 6 Misc.2d 999 (N.Y. Surr. Ct. 1957):
The circumstances of the transfer distinguish this case from the Fenelon Case (Fenelon v. Yanch), 262 N.Y. 57, 308, 186 N.E. 201, 794, in that the signature card which was signed by decedent specifically and lucidly stated that it created a joint account with right of survivorship.
"The most advanced legal research software ever built."
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.
Other Questions
What is the difference between a right of association for the advancement of political beliefs and the right of qualified voters to cast their votes effectively? (MultiRegion, United States of America)
Does a plaintiff have a right to an accounting or, if not, an accounting? (MultiRegion, United States of America)
What is the test for applying the Convention on Human Rights in the context of human rights issues? (MultiRegion, United States of America)
Is a right to retain counsel of one's choice an absolute right? (MultiRegion, United States of America)
What is the effect of the Civil Rights Act on the civil rights of a state? (MultiRegion, United States of America)
What is the current limitation period for a plaintiff in a civil rights class action based upon a denial of seniority rights? (MultiRegion, United States of America)
What is the role of a second jury in the trial of an accountant who falsified an accountant's financial statement? (MultiRegion, United States of America)
Can an inmate claim a right to be transferred to a different prison classification based on the Fourteenth Amendment? (MultiRegion, United States of America)
Does a defendant who is in custody have the right to waive his right to be present at trial? (MultiRegion, United States of America)
Does the right to a speedy trial in a civil case apply to the other rights secured by the sixth amendment? (MultiRegion, United States of America)
