Kulbeth v. Purdom

Jack Holt, Jr., Chief Justice.

This case involves an appeal from a chancery court finding as to the title to property held pursuant to a joint tenancy with right of survivorship clause to a safe deposit box lease.

Ivan C. Wright died on April 28, 1988, and his estate was admitted to probate on May 5, 1988. An inventory of the safe deposit box that he leased with the appellee, Pearl Purdom, showed it to contain $266,150.00 in cash. Ms. Purdom asserted her right to the money through the joint tenancy agreement, and the estate of Ivan C. Wright claimed the money as an asset of the estate.

Mr.…