• Deana La Barbera

It's all in the name....Part 1

Joint Accounts: Title "the name" to a bank account tells the bank who receives the balance of the account when a joint owner dies. So, if Dad and Daughter are joint owners of an account because Dad needs assistance with handling finances, when Dad dies, Daughter receives the whole balance (as with most legal issues, there are some exceptions). This isn't always what "Dad" wants--sometimes "Dad" wants the balance to be shared among all his children upon his passing. Proper title on accounts is critical for an estate plan.

If your family needs assistance with proper planning, give me a call. We'll get you organized.

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We first began working with Deana in 2005 for some small corporate matters. Since then, she has become an invaluable resource for both business and personal matters. Not only has our corporation been running smoothly under her guidance, but she has been a safety net for all our personal family matters as well. She has assisted multiple generations in our extended family through estate planning and has guided us through personal legal issues. She is truly a well-rounded resource whom we turn to and rely upon for all of life’s twists and turns.

— JOHN & DOMINIQUE M., CEO, CFO and Everyday People

Deana A. La Barbera Law

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