My Mother Died and Left Me a Joint Account Do I Have to Share It With My Family?
No, not really. There is no law to force you to share any money from a joint account so long as there are no other limitations set by your mother on the account or by the bank. You are considered the surviving joint account holder, which entitles you to become the sole owner of the account. Often, however, a parent may have opened a joint account with just one of the children due to "administrative convenience." This means the parent did not want all her children to be signers on the account. If there is such an understanding, although you are not legally obligated to share, you are ethically bound to share with your other siblings as that would have been the intent of your mother.