§9.40 Multiple Party Accounts Held by Protectee and Others
| Library | Elder Law Deskbook (2023 Ed.) |
7. (§9.40) Multiple Party Accounts Held by Protectee and Others
Section 475.322, RSMo 2016, discusses the management of multiple-party accounts and joint property being held in conservatorship. These accounts can only be drawn upon with court permission. See § 475.130, RSMo 2016. Many attorneys believe the adjudication of disability and appointment of a conservator will negate any joint assets or multiple-party accounts that were funded solely by the incompetent, but these accounts stand unless they can be set aside under common law, e.g., because of undue influence, lack of mental...
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