Balazick v. Ireton

OPINION OF THE COURT

FLAHERTY, Justice.

In 1980 Helen Balazick and her husband Charles created five joint accounts with the First National Bank of Wheeling in the face amount of $54,000 each. Each of these accounts, which took the form of repurchase agreements, was titled jointly in the names of one of the parents and one of their five children, with a different child’s name appearing on each certificate with one of the parents. 1

The agreements were titled as follows:

NAME AMOUNT

1. Charles Balazick or Charles J. Balazick $54,000

2. Charles Balazick or Theresa Albert $54,000

3. Charles Balazick or…