Rider v. Estate of Rider

This Court granted a petition for a writ of certiorari to review the decision of the Court of Appeals in Rider v. Estate of Rider, 394 S.C. 84, 713 S.E.2d 643 (Ct.App.2011), which applied the common law of agency to hold that certain financial assets were part of the decedent’s probate estate. The decedent had directed his bank to transfer specified assets in his investment account to a new account for his spouse, but died before all of the assets were credited to her account. At issue in this case of first impression is whether South Carolina’s Uniform Commercial Code (“UCC”) or the common…