Probate Court Properly Restricted Beneficiary From Accessing Decedent’s Financial Accounts
In this dispute over the division of the decedent’s financial accounts, the probate court properly placed a restriction on the funds that the respondent had received as a designated beneficiary on certain accounts, the Michigan Court of Appeals has ruled.
Bank Account Co-Owner Must Return Portion Of Unlawfully Transferred Funds
The COA held that a co-owner of the account who unlawfully transferred nearly all the funds to her personal account must return one-half of the funds that were taken.
Alter-Ego Theory of Recovery - What is it and When is it Effective?
The plaintiff argued the alter-ego rule to make the defendant Nancy Benner, spouse, responsible for her ex/disbarred attorneys’ failure to pay the agreed upon referral fee.