Estate of Olson v. Olson

SABERS, Justice.

[¶ 1.] At the time of Joseph E. Olson’s (“Joe”) death, ten certificates of deposit (“CDs”) he purchased were held in joint ownership with his wife, Nora A. Olson (“Nora”). Joe’s six children from a previous marriage claim that Joe intended the CDs’ proceeds to go to them, rather than to Nora, upon Joe’s death. The circuit court held: (1) Nora was a joint tenant with rights of survivorship to the CDs. We affirm Issue 1. (2) The court further held that Joe’s children were not permitted money damages due to their failure to request them in their complaint. In addition, the…