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What else can I help you with?
Can one person of a joint account close the account?
No. Actually, it depends on how the account is titled. If it is a Joint OR account, than yes, one person or the other can close it without the other. If it is a Joint AND account than both need to be present to close the account.
Can i access money in a joint account when the other party dies?
If it's a joint account and has both your names on the account then you should be able to accsess all the funds....however, if it is there account you may need to ask your bank about getting accsess...Hope this helps :)
A levy was placed on a joint account due to a debt your daughter is disputing can this affect your other checking account?
No, it will only affect ur joint account. Then cannot touch your other account.
Can you get out of a joint checking account?
Yes. If you want to get out of a joint account, you can contact the bank and submit a written request to be removed as a joint holder of that account. The other parties involved in the joint account have to approve your removal from the account, only then the bank will complete the formalities.
What rights does the beneficiary of a joint bank account have when the other joint owner is deceased?
When two individuals have a joint account together and one dies the other is the sole owner of the account. The survivor is not considered a 'beneficiary'. They have all the rights that any account holder would have in any account.
Do I as a joint person on a checking account have the right to the check book One of the owners of this account has another person with power of attorney handling the account?
Yes. As a joint owner of the account you have as much right to the account as the other joint owner.
Are you entitled to half of a joint bank account?
No, you have an undivided interest in the entire bank account and it is up to you and the other joint tenants of the account to agree how the account will be used. If you are the sole remaining joint owner, then the entire account becomes yours. If you die before one or more other joint tenants, you and your estate have no further claim to the account, even if it was entirely your money that was deposited.
Can the joint minor make withdrawals from the account without permission from other joint owner?
I believe no
Can a person who is not appointed executor but his attorney tells him to close out accounts?
He can if the accounts are joint accounts and he is the joint account owner. However, if he was the joint owner for convenience purposes only the other heirs should seek their share of the funds.
How do you divide a joint bank account?
A joint bank account is something that is owned/controlled by more than one person. So, to divide a joint bank account, the joint account holders have to come to an agreement as to who will be the sole owner of the account. Then, they must visit the bank and submit a written request. The bank will change the account to a single owned account after receiving the No Objection Letter from the other holders of the account.
Is it possible that you and your boyfriend can open a joint account?
Yes, it should be possible. Ask your bank.However, I find it risky, if you are not yet committed to each other, i.e., married. Don't risk too much money in the joint account.Yes, it should be possible. Ask your bank.However, I find it risky, if you are not yet committed to each other, i.e., married. Don't risk too much money in the joint account.Yes, it should be possible. Ask your bank.However, I find it risky, if you are not yet committed to each other, i.e., married. Don't risk too much money in the joint account.Yes, it should be possible. Ask your bank.However, I find it risky, if you are not yet committed to each other, i.e., married. Don't risk too much money in the joint account.
Can you legally withdraw money from a joint bank account that you did not deposit?
If the bank account is in your name (ie it is a joint account with your name on it) then you have the right to withdraw funds from it or to deposit funds into it. However if you feel that you should not be withdrawing money because it will upset the other person who jointly owns the account then perhaps you should discuss this with them before you make the withdrawal - there is more to life than the simple legal niceties.
