What is the name of your state? PA
Hello. I have a question about Right of Survivorship.
My father and I had a joint bank account with Right of Survivorship that was setup 5 years ago. He passed away.
Would the remaining money in the account be all mine or would it go into his estate?
I have been told be his attorney they I get half and half goes to the estate, while I have had 4 other lawyers tell me since it had a Right of Survivorship, I would get all of it.
Also, afer he passed, I paid $8,000.00 for his 2006 Income Tax return. If I would only get 50% like his lawyer said, would the $8,000 be ignored or would it come from the 50% left to the estate...or am I entitled to 50% that was in the account the day he died.
Any help would be appreciated.
Jim
Hello. I have a question about Right of Survivorship.
My father and I had a joint bank account with Right of Survivorship that was setup 5 years ago. He passed away.
Would the remaining money in the account be all mine or would it go into his estate?
I have been told be his attorney they I get half and half goes to the estate, while I have had 4 other lawyers tell me since it had a Right of Survivorship, I would get all of it.
Also, afer he passed, I paid $8,000.00 for his 2006 Income Tax return. If I would only get 50% like his lawyer said, would the $8,000 be ignored or would it come from the 50% left to the estate...or am I entitled to 50% that was in the account the day he died.
Any help would be appreciated.
Jim