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Can you sue your girlfriend because she took the money out of your joint account and open her own after you earn much more than her?
Wiki User
∙ 9y ago
No, you trusted her and now learn a hard lesson. Since it was a joint account, she is equally entitled to all funds.
Wiki User
∙ 9y ago
It is advisable to consult with a legal professional as laws can vary depending on the circumstances and jurisdiction. However, generally speaking, if your girlfriend took money from a joint account without your consent, you may have legal grounds for a civil lawsuit to recover the funds.
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If you put your husbands name on your stock account as right of survivorship can he take money out while you are alive?
If you designate your husband as a joint owner with right of survivorship on your stock account, he would typically have equal rights to access and manage the account while you are alive. This means he can withdraw money from the account. It's important to consider the implications and discuss this decision with your husband and potentially a financial advisor or legal professional.
What overrides a will?
A will can be overridden by a newer will that explicitly revokes the previous one. Additionally, certain legal actions or court decisions, such as marriage or divorce, can also impact the validity of a will. In cases where a will is found to be invalid due to lack of capacity, undue influence, or fraud, it may also be overridden.
What are laws with siblings sharing a bank account and one takes all the money out but the other was who the money belonged too?
If both siblings are listed as joint owners of the bank account, then legally both have equal rights to the funds in the account. If one sibling takes all the money without permission, it could be considered theft. The other sibling can seek legal recourse by reporting the incident to the bank and potentially involving legal authorities.
Is it illegal to authorize money to be taken out of your account and then close account there after?
It is not illegal to authorize money to be taken out of your account and then close the account. However, if the money has been withdrawn and there are outstanding charges or payments, it is your responsibility to settle them even if the account has been closed. It is advisable to communicate with the recipient of the funds to resolve any outstanding issues.
What gives money value?
Money has value because it serves as a medium of exchange, unit of account, and store of value. It is accepted by people as a commonly used medium for transactions and has a stable value recognized by society and governments. Confidence in the stability and acceptance of money by individuals and institutions also contributes to its value.
What is a joint savings account?
A Joint Savings Account is when two people have joint access to the savings account. If a Wife and Husband, Boyfriend and girlfriend, parents and child open a Joint Account then "either" one of them can access ALL the money in the account. If one of them is involved in an illegal activity the Police can freeze the WHOLE account and "can" take ALL the money. It would be up to you to prove the money didn't come from the illegal activity. (Actually they would freeze separate accounts in the same household also) Good and bad parts are you both can access the money as needed, but the other person can "empty" the account with out your say so.
What is a joint account?
A Joint Savings Account is when two people have joint access to the savings account. If a Wife and Husband, Boyfriend and girlfriend, parents and child open a Joint Account then "either" one of them can access ALL the money in the account. If one of them is involved in an illegal activity the Police can freeze the WHOLE account and "can" take ALL the money. It would be up to you to prove the money didn't come from the illegal activity. (Actually they would freeze separate accounts in the same household also) Good and bad parts are you both can access the money as needed, but the other person can "empty" the account with out your say so.
If you have a joint bank account and one person dies is the money taxable as income?
No, the money isn't taxed because it is already in the hands of the people on the account. As a person on the account you only need to withdraw the money.
Can an executor or girlfriend take money out of a decedent's checking account?
It depends on whether the executor has been appointed by the court and if the account was a joint account with the decedent and his partner.If the executor has been duly appointed they can access accounts solely owned by the decedent. That's their job.If the account is a joint account, it isn't a probate asset and the executor has no control over it. It belongs to the surviving joint owner.
Your parents and you had a joint bank account they died who does the money belong to?
A joint bank account belongs to the surviving owner.
Can husband take money from joint account without wife permission?
Of course. That's the purpose of a "joint" account.
Can legal order take money from a joint account?
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.
If i have a joint account and the other person cleans you out what can you do?
Because money in a joint account belongs to either person, there is little you can do. If you can establish that the money was yours alone you may wish to consider attempting a lawsuit, but I wouldn't expect much result beyond learning an expensive lesson.
How do you withdraw money from joint bank account?
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.
Can i do anything to my wife if she took money from my checking account if we're separated?
If it's only your checking account, otherwise if it's a joint account there probably isn't anything you can do
Is taking out all the money from a joint account stealing?
Yes
Your mother died and left her daughter a joint account can anyone draw money out of that account?
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.
