A First Department panel agreed a decedent's daughter could not recover $500,000 from her father's account at a Manhattan brokerage, despite her father having directed she be made a beneficiary of the account before his death, but disagreed as to why.
October 23, 2015 at 04:02 AM
1 minute read
A panel of the Appellate Division, First Department, said a decedent’s daughter could not recover $500,000 from her father’s account at a Manhattan brokerage, despite her father having directed she be made a beneficiary of the account before his death.
A unanimous panel agreed that Sonia Arroyo-Graulau could not recover the money from Merrill Lynch Pierce, Fenner & Smith, now owned by Bank of America.
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