Get free answers to your Banking legal questions from lawyers in your area.
All the arrangements had been prepaid by him and my sisters and I paid for the remaining items. After obtaining the Declaration of Heirs, we found out about the money withdrawn by my aunt when the money was not hers. I spoke to the bank and they said she was authorized on the account and had the... View More 
answered on Dec 18, 2023
Except that your aunt had a legitimate reason for taking the money out of the account (for which she'd need to present receipts), your late dad's estate is owner of those moneys until the probate processes are completed. Either by your father having left a will or going through the Puerto... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Sep 2, 2024
When a spouse passes away in Puerto Rico, the status of joint bank accounts can depend on how the account is set up and local inheritance laws. If the account is set up with "right of survivorship," the surviving spouse typically retains access to the funds without interruption. In this... View More
Moving this over somewhere else. Sorry
answered on Aug 16, 2022
This is not a Family Law question and is not in New York. This should be posted in the estates catagory and in Puerto Rico.
My dad passed away 2 years ago in TN but he had his bank account and house in PR. He has a bank account in PR which I was authorized to used and I had power of attorney from PR while he was alive. I paid for his funeral even though he has 7 children. After paying via loans my half siblings (4) do... View More
answered on Oct 11, 2021
First off, you would need your dad's death certificate. If he granted his last will & testament, a certified copy of the will must also be provided. In the absence of a will, a petition should be filed with the Puerto Rico courts (depending on the city where the house is located) to... View More
When a puertorican or legal resident in Puerto Rico dies in Puerto Rico, are all US territories, banks in the US, notified or only Puerto Rico and banks in Puerto Rico?
If only banks in Puerto Rico are notified, does that mean my son can use my debit card from an account in a US bank and... View More
answered on Aug 25, 2020
Hello and thank you for using Justia. The death of the holder is usually informed to the banks by third parties. There is no system of notificatión in Puerto Rico. Your son will be able to use your card as long as the Bank has not found out of the death. Your best bet is to make a Testament and... View More
I'd like to get a vehicle on the island and I understand the traditional methods of leasing and financing but i'm not familiar with the loan transfer process and can't find any relevant info via the web so far. I need a used vehicle but due to current circumstances, i'm unsure... View More
answered on May 13, 2020
Hello and thank you for using Justia. You will not find any laws since it is ilegal to transfer an account without the lender's authorization. There are many instances that have occured where the vehicle is sold to a third party but the title and loan continue in the name that appears on the... View More
My sister was head of my mother's estate and knowing that account wasn't my mother's she informed the bank about my mother's death. She never listed the account in probate court and never helped get the account reopened it's been closed now for 2 years now and my... View More
answered on Jun 20, 2019
Unless someone does something before your grandfather passes Banco Popular will win. If they have not been doing it already, Banco Popular will start service charging the account each month, draining off as much money as possible before the government of Puerto Rico requires them to turn over... View More
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.
