Greenville, SC asked in Probate for New York

Q: If there are bank accounts in one person’s name, are they still to be added to the estate?

My brother, the executor of my Mom’s estate, says that all bank accounts are to be added together, then divided equally. The bank said I have 3 accounts in my name and they are mine. What is the truth here?

Related Topics:
2 Lawyer Answers
Inna Fershteyn
Inna Fershteyn
Answered
  • Probate Lawyer
  • New York, NY
  • Licensed in New York

A: Anything that's in your name belongs to you. Not part of the estate.

https://brooklyntrustandwill.com/elder-law/

8 users found this answer helpful

Michael David Siegel
Michael David Siegel
Answered
  • Probate Lawyer
  • New York, NY
  • Licensed in New York

A: If you are the beneficiary or joint holder, the bank will talk to you. Call the bank.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.