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BRUCKNER v. PRAIRIE FED. SAVINGS & LOAN ASSO.

No. 75-692.

81 Wis.2d 215 (1977)

260 N.W.2d 256

BRUCKNER, Personal Representative of Estate of John L. Bruckner, Deceased, Plaintiff-Respondent, v. PRAIRIE FEDERAL SAVINGS & LOAN ASSOCIATION, Defendant and Third-Party Plaintiff: BRUCKNER, Third-Party Defendant-Appellant.

Supreme Court of Wisconsin.

Decided December 13, 1977.

Attorney(s) appearing for the Case

For the appellant the cause was submitted on the brief of Paul F. Angel, and Morrow, Pope & Angel of Dodgeville, and R. J. Satter of Prairie du Chien.

For the respondent the cause was submitted on the brief of Morse, Morse & Roggensack of Lancaster.

HEFFERNAN, J.

The questions presented are whether a "payable on death" savings account is permissible in a federal savings and loan association and, if it is, whether there is sufficient evidence to show that the decedent, John L. Bruckner, created a savings account with the Prairie du Chien Federal Savings and Loan Association payable on his death to Lee J. Bruckner, a nephew.

We conclude that, as a matter of state law, an account "payable on death" to designated...

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