Joint Account Litigation
Joint Account Litigation –
Payable [POD] or Transfer [TOD] on Death Disputes
Often times, the ownership of joint bank accounts will be in dispute upon the death of one owner. Under Florida law, it is presumed that jointly-titled accounts become the property of the survivor upon the death of the first owner. However, this presumption can be disproven upon ample evidence to the contrary.
Other times, one owner of joint funds might have improperly transferred funds out of the joint account to another, thereby causing the commencement of a lawsuit to recover the improperly removed funds.
If you have questions regarding the disposition of your joint accounts, please e-mail or contact Clifford Hark at (561) 955-0093 for a free initial consultation.