No. If it is not joined then it is your money, not your spouse's(e.g if she owes too much tax she will be placed in jail.(jail=time=money) it will be her time=money not yours that will suffer the consequences..., . Only joint accounts allow the IRS/State to do this though.
My mother and i have a joint savings account my mother passed away does the money in the account become part of the estate
Yes they can.
The disadvantages of having a joint account areEither party can operate the account without the knowledge of the other partyThe bank cannot be liable to entertain claims when one party withdraws money without the knowledge of the other
Minnesota is not a community property state, so the answer is generally no. However, if the funds are in the account as a result of a fraudulent conveyance to evade payment of taxes, action could be taken to recover them. Errors do happen, of course. As long as you are married to someone who does not pay their taxes, you do have to worry.
Typically no. A regular joint checking account just allows two people to have access. Either person can write checks, use a debit card, withdraw money, etc.
Yes, joint bank accounts are subject to garnishments or levy for debts of any or all of the account holders and regardless of who puts the money in.
A joint bank account belongs to the surviving owner.
Of course. That's the purpose of a "joint" account.
Unless it was a joint account, the executor can do so. If it was a joint account, or one with rights of survivorship, there may not be an option. Consult an attorney in your jurisdiction to find out the specific laws that apply in your state or country.
Yes. The holders of the joint account are equal stake holders in the account and a legal order to receive payment from one of the account holders is enough to withdraw/take funds from a joint account.
Spouses are not responsible for their spouses' children. However, the State can and will place liens on assets to collect child support, so the spouse could end up losing money if s/he is a joint owner of those assets.See links below
A joint bank account is just like any account. You can withdraw money by all means like ATM, Checks, Withdrawal through withdrawal slips in the bank etc. however, the only difference is the fact that either of the account holders of the joint account can do this and one party cannot restrict the other parties involved in the joint holding of the account from withdrawing funds from the account.
If it's only your checking account, otherwise if it's a joint account there probably isn't anything you can do
Yes
No. As with any bank account only the account owner can withdraw money from the account. If the mother set up the account as a joint account with her daughter (with both mother's and daughter's name on the account as joint owners) the full ownership of the account passed to the daughter when the mother died. No one else can make withdrawals.
My mother and i have a joint savings account my mother passed away does the money in the account become part of the estate
No, unless the debit card is connected to a joint account with you. In that case the state can freeze the account to pay child support arrears.