Wright v. Farmers State Bank

This is an appeal from a judgment of the Circuit Court of Hancock County finding that assets contained in a certaiii savings account established by a decedent were properly assets of such decedent’s estate rather than those of a purported individual beneficiary named in the bank’s records of the account.

The record before us discloses that on September 28, 1971, the decedent, Charles R. Wright, instructed the cashier of the Farmers State Bank of Ferris, Ferris, Illinois, an Illinois banking institution, to prepare a bonus savings account to be denominated “Charles Wright, Pay on Death to Mary…