Yes. The husband can execute a POA making his mother the attorney-in-fact to act on his behalf. The wife should withdraw at least half the funds in the account and deposit it in her own name. She might want to discuss the situation with an attorney if a considerable sum of money is involved. The situation would be intolerable to most wives.
Yes. The husband can execute a POA making his mother the attorney-in-fact to act on his behalf. The wife should withdraw at least half the funds in the account and deposit it in her own name. She might want to discuss the situation with an attorney if a considerable sum of money is involved. The situation would be intolerable to most wives.
Yes. The husband can execute a POA making his mother the attorney-in-fact to act on his behalf. The wife should withdraw at least half the funds in the account and deposit it in her own name. She might want to discuss the situation with an attorney if a considerable sum of money is involved. The situation would be intolerable to most wives.
Yes. The husband can execute a POA making his mother the attorney-in-fact to act on his behalf. The wife should withdraw at least half the funds in the account and deposit it in her own name. She might want to discuss the situation with an attorney if a considerable sum of money is involved. The situation would be intolerable to most wives.
Yes. The husband can execute a POA making his mother the attorney-in-fact to act on his behalf. The wife should withdraw at least half the funds in the account and deposit it in her own name. She might want to discuss the situation with an attorney if a considerable sum of money is involved. The situation would be intolerable to most wives.
No. The wife doesn't need a Power of Attorney because her husband executed one. If the wife is "on her husband's account" then it's a joint account and the wife can still do her own banking. However, if the wife wants to be able to have someone else do her banking for her then she will also need to execute a POA naming the daughter as her attorney-in-fact.
The check would first have to be endorsed, that is, signed, by the wife before being deposited. The endorsement is proof that the wife has agreed to this by signing the check over to her husband. An unendorsed check will not be accepted.
Only if the account has her a a signatory. Otherwise it is forgery and illegal
No, not without being on his account...or actually having approved access to it by him.
No she can't as a matter of fact without his written permission she can't even get general information about that account. This is what I found to be amazing, if this couple has a joint savings account, but the husband's name is the only one on the checking account, he is the only one that can legally transfer money from the savings account to the checking account. It also works this way if there is a joint checking account and money needs to be transferred from the joint checking account, to the savings account with only the husband's name on it, he is the only one that can move money from one account to the other. I am a bank manager and I know this is more information than you asked for, but when I have to explain this to couples, it often leads to a very heated discussion between them in my office. I live in Virginia and I can only answer for Virginia. I hope you found this answer helpful.
then it would be okay
A joint account holder cannot be removed from the account, the account will have to be closed.
ofcourse no .... never a woman married can get of check the account of her husband and vice versa except if there is a Bank power of attorney thanks
No. As long as you are filing for bankruptcy by yourself, your money with your husband will remain joint. Keep in mind that any debts you may share with your husband will remain with him as well.
Get a Power of Attorney letter from your legel counsel stating you are claiming the amount in your late husband's account. Also enclose proof that you truly are the wife of the late account holder.
If she states in her will that her husband shall receive that account he will. She may leave it to anyone she chooses. If she dies without a will it will pass as intestate property according to the laws of your state. See the link provided below for state-by-state intestacy laws.
How about Mr. and Mrs.