The Problem with Joint Accounts
Reply: It is a shame your Grandmother did not have an estate plan. If she had left he bank acounts in a real trust for you, your grandfather would not have been able to take them and transfer them to his new wife. It is a shame when then intent of one parent or grandparent gets defeated and the inheritance ends up in the hands of the new spouse.Good luck!Ronald J. Cappuccio, J.D., LL.M.(Tax)