Montgomery v. Michaels

During her lifetime, Bernice D. Montgomery created in certain banks eight savings accounts, which differed somewhat in their terms, but all were essentially the same in that she was named as trustee therein and the accounts were for the benefit of her two children by a prior marriage. All but two of the accounts specifically provided that they were to be paid to the child or children named therein on her death. She retained control over all of these accounts during her lifetime and made deposits in and withdrawals from them.

She died intestate, and her husband, Dr. Earl Montgomery, was…