No, not without being on his account...or actually having approved access to it by him.
It depends on how the checking account is held. If the account is a custodial account it will pass according to the will, then she cannot take the money. However, if this is a joint checking account, in the eyes of the bank she is a co-owner and is legally permitted to take the money.
Yes, the co-owner would be legally liable for using money in the account from an estate that was not settled.
Money in a checking account is called demand deposit.
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.
if you have a lein on you, can they take your disabilty money out of your checking account
It's easier to spend the money in a checking account.
From the account holders perspective yes a checking account is an asset. The amount of money you have in your checking account is your asset. From the banks perspective it is a liability because whenever you want your money, the bank has to give it to you.
Many checking accounts do not offer interest on the money in your savings account. This is a disadvantage because the money you put in a savings account will collect interest, where a checking account will not.
The only tax you would pay on money in a checking account is any interest the money made if it is a interest type of account.
No, the proper banking term is balance for an amount in a checking account.
It is a booklet used to record checking account transactions. To keep track of the amount of money in your checking account
what limit of money can you put in your checking account in Florida bank of America