Bank liability in case of changes to savings accounts


Questioner

my ex husband closed my children's savings accounts the children live with me, change of address reported which he changed again. also I was the sole beneficiary and my ex husband put himself in it

Lawyer

You can hold the bank liable. The determining factor is whether the name registration and information provided, in light of the bank's duty of care, should have prevented the bank from cooperating with the ex-spouse's actions.

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