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Not if it is a marital account held as Tenancy By The Entirety.

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โˆ™ 2015-07-14 16:10:27
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Q: Can a joint bank account in Florida be levied by New Jersey law if only one person is levied upon?
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Can a minor's bank acct be garnished?

No, a minors bank account can not be garnished, if they are the only person on the account. If this is a joint account and the non-minor is subject to a judgment then it can be levied or garnished.


What type of tax is levied directly on the entire estate of a person?

Estate taxes are levied on the entire estate of a person.


Can a joint bank account from an unmarried couple in Florida be levied by New Jersey law if only one person is levied upon?

Yes it can, but only for half of the balance in the account unless you can prove that all the money in the account belongs to the other party. You will need complete documentation and a court hearing to accomplish this. Also, because Florida is a "debtor" state the rules regarding bank executions, wage garnishments and property executions lean heavily to the debtors interests. Disposable income becomes extremely important to you as a debtor and to the creditor. Salvatore Mattiaccio President The Lakeland Group, Inc. P.O. Box 20 Sparta NJ 07871 (973) 729-2372


Does the estate need to be opened in the state where the person died?

Not where the person physically died, but in the state in which the decedent was domiciled at his/her death. Example: Decedent was domiciled in New Jersey but died at his summer residence in Florida. The original probate should be in New Jersey. If that residence has to be sold by a duly appointed executor in Florida, ancillary probate is issued. This entails getting a certified or authenticated copy of the will that was probated in New Jersey and offering it for probate in Florida with a request that the New Jersey executor be appointed executor in Florida in order to selll the Florida property.


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Can a joint bank account be levied by a judgment creditor when only one account holder is the debtor?

Yes. Usually when a joint account is garnished by a judgment order and only one person on the account is the debtor, the court will 'freeze' the account and the non debtor account holder will need to submit proof of the amount of funds in the account that belongs to them. An exception could be,if the account is held by a married couple as Tenancy By The Entirety and only one spouse is the debtor.


What is a sum of money levied on a person's property or income by a government?

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What is duty (as in tax)?

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What is difference between tax and duty?

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What is a charge levied by the government to be paid only by the person whom it is imposed?

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In Maryland can a joint bank account be levied when only one person is the judgment debtor?

Yes. A judgment creditor can levy a joint account and request the bank freeze account funds until a decision is made on the percentage of ownership each account holder is entitled to. Joint marital accounts are sometimes viewed differently if they are allowed to be held as Tenancy By The Entirety and the original account application/signature card specifically states those terms.


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What is a person called if they live in Florida?

A person who lives in Florida is called a Floridian.


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What type of tax is levied on the benificiarys share of an estate?

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What famous person's live in Florida?

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What is the penalty for writing a check on a closed account in Florida?

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What are the mountain ranges in Florida?

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When a judgment has been made against a person will this affect checking or savings accounts in Michigan?

A writ of judgment can be used to levy a checking or savings account that belongs to the debtor. Joint accounts can be partially protected but the other account holder must file the proper documents with the court where the judgment was granted. The bank has no obligation to notify the account holder(s) that the account has been levied. The account holder(s) should remove funds and close the account if at all possible. This can only be done BEFORE the judgment has been executed.


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A famous person in Florida is rapper, Pitbull. He was born to Cuban expatriates on January 15, 1981 in Miami, Florida.


Can creditors garnish joint savings accounts if one party on the account is not named in lawsuit?

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