Answer:
Answer Randy Carey: Comfort.
Answer:
Answer Kathleen Blanchard: Some women do this because they feel it is safer to not advertise living alone.
Answer:
Answer Ken Golliher: Agreed, it's psychological.
Both the survivor and the bank are confused if either thinks it indicates a continuing right to deposit checks in the name of the decedent. Assuming a right of survivorship, the account only belongs to the survivor now. Checks payable to the decedent must be handled by the decedent's estate
First published on BankersOnline.com 4/15/13