Sunday, February 17, 2013
Murder and the joint account
Posted by Lynne Butler
But what about a situation in which one joint bank account owner kills the other? Would the surviving joint bank account owner be entitled to the whole account? Half of the account? None of the account? This situation is fortunately extremely rare so I was interested to see how the courts would deal with it.
Click here to read an article from lawyer Chris Staples in which he looks at the recent New Brunswick case of Doyle v. Doyle. In this case, the widow of the deceased was charged with murdering her husband but at the time the joint account case was heard, she had not yet been either convicted or exonerated. In this case, the court decided that she was entitled to one-half of the joint bank account because she owned half of it already while her husband was alive.