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Q: How does a person find out if their spouse has a hidden bank account in his name only?
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Is a spouse entitled to a bank account if not on the account?

A spouse may open as many bank accounts as they wish. If, on the other hand, you are referring to a joint account; then there will have to be paperwork filled out adding the spouse to the account and thus creating a joint account. This requires the agreement and signature of the original account holder.


Can you deny your spouse access to your bank account?

You can deny your spouse access to your bank account if the bank account isn't marital property. Different states have different laws specifying how long you have to be married to have marital property. Banks will often give information to spouses, even if they aren't on the account.


If you owe debt and you and your spouse have separate bank account can the debtor garnish wages from your spouse bank account?

That depends on the nature of the debt and the laws of your state. You should seek the advice of an attorney to discuss your exposure.


When adding your spouse to bank account does it have to be a joint account or can they just have a card and other access?

It depends on the type of account - and the bank. If you're simply wanting the spouse to be able to spend money that's in the account - they can be added as an additional card holder. Alternatively - if you want the spouse to have equal control of the account (changing credit limits for example) - then it's better to have the account in joint names.


Can a bank go after your husband if you consolidate your own credit card debts?

If you reside in a CP state all debts incurred during the marriage are considered joint regardless of which spouse is the account holder. If the debts were made by the debtor spouse before the marriage the 'innocent' spouse is not responsible for the debt(s). However, the joint marital bank account can be levied and/or liens placed against real property to the extent of the ownership of such by the debtor spouse. In non-community property states, the spouse who is the account holder is the only person responsible for the debt. However, a joint bank account not held as TBE can be levied by a judgment creditor as well as an encumberance of a lien against jointly owned marital property unless it is also held as TBE.

Related questions

What is a Primary Account Holder?

Primary account holder is the person on whose name the bank account is created in the first place. Ex: Assuming you have a bank account and then once you get married you would include your spouse as a joint account holder. you will be the primary account holder and your spouse would be the secondary holder.


Is bank account joint if spouse not named on account?

No


Can collectors garnish money from my spouse's bank account if i am not on the account?

They can if he/she is on the collections account.


Is a spouse entitled to a bank account if not on the account?

A spouse may open as many bank accounts as they wish. If, on the other hand, you are referring to a joint account; then there will have to be paperwork filled out adding the spouse to the account and thus creating a joint account. This requires the agreement and signature of the original account holder.


Is probate needed if only assets is bank account?

If you had a joint bank account with your spouse, it will automatically pass to you. Check with the bank about changing the title and signature card on the account. To change stocks or bond tittles, check with your stockbroker. If a bank account was held only in the name of your spouse, those assets will have to go through probate. An exception to this would be trust accounts. If you had a joint bank account with your spouse, it will automatically pass to you. Check with the bank about changing the title and signature card on the account. To change stocks or bond tittles, check with your stockbroker. If a bank account was held only in the name of your spouse, those assets will have to go through probate. An exception to this would be trust accounts.


Can a bank share your checking transactions with your spouse if they are not on the account?

NO THEY CAN NOT THEIR NAME HAS TO BE ON IT


Can you deny your spouse access to your bank account?

You can deny your spouse access to your bank account if the bank account isn't marital property. Different states have different laws specifying how long you have to be married to have marital property. Banks will often give information to spouses, even if they aren't on the account.


If you owe debt and you and your spouse have separate bank account can the debtor garnish wages from your spouse bank account?

That depends on the nature of the debt and the laws of your state. You should seek the advice of an attorney to discuss your exposure.


Who can close bank account of decease?

Only the next of kin can close the account but you have to prove to the bank that person is in fact related to you like a birth certificate stating the deceased name or a marriage certificate bearing the deceased name if it was your spouse.


When adding your spouse to bank account does it have to be a joint account or can they just have a card and other access?

It depends on the type of account - and the bank. If you're simply wanting the spouse to be able to spend money that's in the account - they can be added as an additional card holder. Alternatively - if you want the spouse to have equal control of the account (changing credit limits for example) - then it's better to have the account in joint names.


What is a bank statements?

A bank statement is a communication from a bank to a person holding an account in that bank, detailing the value of the holdings in a person's account and the effects of all that person's transactions.


How does a surviving spouse cash a deceased spouse's stock check?

You should speak to a bank representative to determine if the bank will allow the check to be deposited in your joint account.