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Can I deposit a joint check into my account?
Yes, you can deposit a joint check into your account if both parties are listed on the check and are joint account holders.
Can I write a check from a joint account with only one name on the check?
No, you typically cannot write a check from a joint account with only one name on the check. Both account holders usually need to be listed on the check for it to be valid.
Can a bank account be garnished if you have someone else on your account in V irginia?
Yes, as both account holders both own all of the assets deposited within the account, and regardless of who deposited what.
Who pays taxes on a joint account?
Both account holders are responsible for paying taxes on a joint account. Each person's share of the income generated from the account is reported on their individual tax returns.
Can two individuals with separate accounts have both of their names on a cheque without having a joint account?
Yes, two individuals can have both of their names on a cheque without having a joint account by using a "payable to order" cheque. This allows the cheque to be deposited into either person's account, even if they are not joint account holders.
Can I deposit a joint check into my account?
Yes, you can deposit a joint check into your account if both parties are listed on the check and are joint account holders.
Can I write a check from a joint account with only one name on the check?
No, you typically cannot write a check from a joint account with only one name on the check. Both account holders usually need to be listed on the check for it to be valid.
Can a bank account be garnished if you have someone else on your account in V irginia?
Yes, as both account holders both own all of the assets deposited within the account, and regardless of who deposited what.
Who pays taxes on a joint account?
Both account holders are responsible for paying taxes on a joint account. Each person's share of the income generated from the account is reported on their individual tax returns.
Who has custody in Colorado if both parents are listed on the birth certificate but are not married?
In Colorado, if both parents are listed on the birth certificate but are not married, they have equal custody rights unless a court order specifies otherwise.
Why put a beneficiary on a joint account?
A beneficiary is the person to whom the proceeds of a bank account will be paid in case of the demise of the account holder. In case of a joint account holder, there will be legal heirs or immediate family members of both account holders. So in the case where either or both of the joint account holders are dead, the bank will be in a fix as to whose family needs to be paid the money that is held in the account. In such a situation the presence of a nominee or beneficiary will be useful to decide who gets the money.
Can two individuals with separate accounts have both of their names on a cheque without having a joint account?
Yes, two individuals can have both of their names on a cheque without having a joint account by using a "payable to order" cheque. This allows the cheque to be deposited into either person's account, even if they are not joint account holders.
If a child was born during the marriage but not to both parents does the child have to be listed in the divorce petition?
yes
What is the process for opening a joint account that requires two signatures?
To open a joint account that requires two signatures, both account holders must visit the bank together, provide identification and complete the necessary paperwork. Both individuals will need to sign the account agreement and any other required documents to finalize the account opening process.
What is the place of birth on the passport for both parents?
The place of birth on the passport for both parents is typically listed under the section for personal information or bio data. It indicates the city or country where each parent was born.
Is the plaintiff or the defendant listed first in a lawsuit?
The plaintiff's name will be listed first on the summons followed by the term vs. 'whomever'. If the question refers to multiple parties being sued it really doesn't matter as long as all the debtors are named. For example, if it is a joint credit card account, both account holders have to be named as defendants in the suit. When the suit involves a primary borrower and a cosigner the debtors are usually sued in separate actions.
Can you remove a persons name from your checking account if they are not listed as a primary?
If the person's name is not listed as a primary account holder, you usually cannot remove their name from the account. Only the primary account holder can make changes to the account. A joint account holder can be removed if both parties agree, but it may be best to speak with your bank for specific guidance on your situation.
