Wakim v. Pavlic

Lawrence Belt had the right to withdraw funds from joint bank accounts owned by Lawrence and Lila Belt during their marriage by virtue of W.Va. Code 31A-4-33.After Lawrence withdrew funds from the joint bank accounts, both he and Lila died. Lawrence’s estate, through his executrix (Petitioner), and Lila’s estate, through her executor (Respondent) disputed the ownership of the funds Lawrence withdrew from the joint accounts. The circuit court split the funds in half to prevent the perceived unjust enrichment of Lawrence’s estate. The Supreme Court reversed and entered judgment in favor of Petitioner, holding that the withdrawals from the joint accounts by both Lawrence during the marriage were proper under section 31A-4-33 pertaining to joint bank accounts with the right of survivorship, an therefore, Lawrence was entitled to the balance of the funds left in the joint accounts by way of survivorship. View "Wakim v. Pavlic" on Justia Law