First Federal Savings & Loan Ass'n v. Savallisch

In November, 1956, Mrs. Julia Luebner, who was at the time 78 years of age, deposited in the First Federal Savings and Loan Association of Detroit a sum slightly in excess of $90,000. Two weeks later she transferred $55,000 of said amount to 6 joint accounts, each such account naming herself and another as depositors and being payable to either or the survivor. The persons thus favored included a nephew, a grandnephew, 3 grandnieces and a sister-in-law of Mrs. Luebner. Subsequently some changes were made in the accounts and prior to May 15, 1959, the total number thereof was increased to 8.…