K
kms
Guest
if three people are co owners of a bank account. one is the primary the other two are secondary. the primary dies. is the money to be split 50/50 between the surving co owners or is the money to be placed into the estate. i was advised by the bank that the first person to remove the money is the 100% owner of the money. the will only lists one of the co owners as a benificary to money. the other gets physical properties. this is in alabama. the other co owner, not listed as beneficary to money in the will, is the executor and is demanding the total amout in the account for the estate. they want a check drafted for the total amount. this check per this person should be written to them only with no indication of "for the estate of" or any notation to only be used for the deceased persons estate. is this correct.