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Divorce Lawyers San Jose

September 15, 2007

Bank Accounts and Joint Tenancy

Filed under: Bank Accounts — admin @ 8:27 am

When salaries, contributions and other evidence were considered, it was clear that both parties contributed to bank accounts and both parties were entitled to divisional shares in them; therefore the trial court abused its discretion in awarding wife-plaintiff the husband-defendant’s joint tenancy interest in the bank accounts. Fuqua v. Fuqua
Trial court did not err in finding that the defendant overcame the presumption of a gift of one-half of the $21,000 balance in the account and that the account was jointly held for convenience. Anagnostopoulos v. Anagnostopoulos
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