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Father died leaving behind joint account mother utilizing all money


24-Oct-2023 (In Property Law)
My father had 2 joint accounts (with either or survivor clause selected) with my mother before he passed away. Now, my mother as a joint account holder is operating the account after converting it into her family pension account. We are 4 brothers. My mother wants to utilize the entire money according to her free will. She is not interested in distributing the money since all of us are well settled. Can we make any claim to the amount lying in the joint account of the bank while our mother is alive? Our father has not left any will or instruction to distribute his savings. Ours is a Hindu family.
Answers (1)

Answer #1
971 votes
yes you do can claim since under the HIndu Succession Act you are entitled for the left over movable or immovable properties in whatso ever manner by way of intestate succession as your father had not left any will as far as utilisation of movable property is concerned. The term either or survivor to operate only but not to utilise the said funds. Your mother cannot to the exclusion of other legal heirs utilise the said funds. You are very much entitled for the money.

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