Protecting Joint Tenants against Abusive Withdrawals.
On January 1, 2013, important amendments to California’s law governing “Multiple Party Accounts,” including Joint Tenancy Accounts, took effect. Let us examine how the amendments protect joint tenants from excessive withdrawals by their other joint tenants. Generally, while all original parties to a multiple account are alive, each party’s ownership is based […]
posted on: January 26, 2015
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