Article-Indiana Court of Appeals Holds That Redemption of a Brokerage Account Via Telephone Request Does Not Sever Joint Tenants With Rights of Survivorship Form of Account
Paul Martin invested $50,000 in 1998 with Rydex Series Trust. The account application listed Martin as owner and his daughter, Lia J. Lindsey, as joint owner and provided that joint accounts will be registered as “joint tenants with rights of survivorship” unless otherwise provided. No funds were contributed to the account by Lia. Later, in […]