Court Opinion

ID: 9750857
Source: CourtListenerOpinion
Date Created: 2023-08-28 15:41:03.379152+00
Date Added: 2024-06-11T07:26:25.034415
License: Public Domain

*115ROBERTS, Justice,
concurring and dissenting.
I agree with the majority that the fourteen “in trust” savings accounts should not be included in decedent’s taxable estate. I disagree with the majority, however, as to the two joint accounts. The record demonstrates sufficient delivery of these two accounts to support a valid inter vivos gift. As the orphans’ court found, at the time of her transfer of the joint accounts the decedent intended the transfer to be final and complete, her son took exclusive possession of the passbooks, which he placed in his office safe, and the son, who already possessed a power of attorney from his mother, notified the bank and asked them to transfer the accounts to his name. I agree with the orphans’ court that, in these circumstances, all sixteen of the accounts at issue should be excluded from decedent’s taxable estate and, accordingly, I would affirm the orphans’ court decree.
NIX, J., joins in this concurring and dissenting opinion.