Supreme Court of Iowa
In re Estate of Johnston
January 31, 2025
Summary
The court held that the district court applied the wrong legal standard by treating Peggy Johnston's claim as a tort conversion action rather than a dispute over the parties' respective interests in a joint bank account. Under the applicable joint-tenancy framework, Peggy presented sufficient evidence to proceed on whether John withdrew funds exceeding his proportional interest, requiring a new trial. The court affirmed the court of appeals, reversed the district court, and remanded.