Can a banker choose not to disclose whether or not I am a beneficiary on another person's account?
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Certainly. In fact, because beneficiary designations are generally revocable, and beneficiaries don't have ownership interests in such accounts until the account owner dies, it would be a breach of confidentiality for the bank to tell you anything about such an account. Whether you are a beneficiary is information that the account owner is privileged to provide you or withhold from you.
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Certainly. In fact, because beneficiary designations are generally revocable, and beneficiaries don't have ownership interests in such accounts until the account owner dies, it would be a breach of confidentiality for the bank to tell you anything about such an account. Whether you are a beneficiary is information that the account owner is privileged to provide you or withhold from you.
