If you own an account jointly with someone else, then after one of you dies, in most cases the surviving co-owner will automatically become the account’s sole owner. Th… See more

The account is not “frozen” after the deathand they do not need a grant of probate or any authority from the personal representatives to access it. … You should, however, te… See more

Can I do that? Generally, no. In most cases, either state law or the terms of the account provide that you usually cannot remove a personfrom a joint checking account wit… See more

Either or Survivor: If the FD is in joint names with “Either or Survivor” clause, then in the event of death of one holder, bank will pay the final amount to the surviving holder/hold… See more