Effect of Signature Card on Disposition of Joint Bank Account upon Death of Co-Owner under New York Banking Law
Read full paper at: http://www.scirp.org/journal/PaperInformation.aspx?PaperID=52520#.VJpSPcCAM4 Author(s) James B. Biagi Affiliation(s) School of Business and Global Innovation, Marywood University, Scranton, PA, USA . ABSTRACT It is a common practice for people to open a bank account in the name of one or more owners (a/k/a co-owners) and not just in the name of a single person alone. It is also common for an individual to be added to the ownership of an existing account once it has been established. Oftentimes spouses, friends, family or business associates decide for various reasons, both financial and personal, to establish a joint bank account and hold it as co-owners. Furthermore, as the ...