The legacy of love blog

Where does the money in my joint bank account go?

bank account joint Apr 22, 2019

Intent: A desire and will to act in a particular way.

It is this premise that serves as the foundation for determining how funds will be distributed in a joint bank account. The exact definition of “intent” becomes an issue when a parent holds a joint bank account with their child – let us explain:

Joint Bank Account with SPOUSE:

A bank account held jointly by spouses has many benefits – one being convenience. It enables both parties to deposit or withdraw monies in...

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