Kerr v. Dill

By Judge Charles N. Dorsey

Harold Dill, a judgment creditor of Joseph Kerr, attempts to reach Joseph and Pamela Kerr’s American Funds account. The question is whether this account is held by the Kerrs as tenants by the entirety or as joint tenants with the right of survivorship.

In February of 1993, the Kerrs wrote a check for $100,000 from their joint banking account to purchase the account with American Funds. American Funds sent the plaintiffs $500.00 a month from the earnings on the fund, and the fund has now grown to approximately $200,000.

Dill obtained a judgment against Joseph Kerr as…