Does an adult child automatically inherit the money in a joint bank account when a parent dies? The answer may depend on why the child was added to the account.

Jillian Bowman, a family and estates lawyer at Devry Smith Frank LLP, explains how joint bank accounts, right of survivorship and a parent’s intentions can affect who receives the funds.

For legal assistance with estate planning, please contact Jillian Bowman by calling 249-888-4639 or by emailing jillian.bowman@devrylaw.ca.

Disclaimer: This video is not legal advice. Consult with a qualified legal professional for advice tailored to your circumstances.