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.
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.
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.
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.
Yes. The CD has been left to you in the will.
They are entitled to half of your 401k assets.
No
They can if he/she is on the collections account.
NO THEY CAN NOT THEIR NAME HAS TO BE ON IT
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.
The money is left to the beneficiary as an individual. The individual can opt to "comingle" the funds, in which case the spouse has rights. If they put it aside into their own bank account--one without the spouse as a co-owner--then the funds belong to them alone. There is no right or wrong choice, except for the spouse to insist.
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.
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.
Yes a savings account trust can have an age when a beneficiary is entitled to it. For example, some people maybe entitled to it at age 18. It is best to contact the bank of the savings account to inquire.
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.
If the surviving spouse (or anyone else, for that matter) is listed as the beneficiary, then the beneficiary is entitled to the proceeds. However, if no one else is listed on the account, it may very well wind up in probate (court).
You should speak to a bank representative to determine if the bank will allow the check to be deposited in your joint account.
No. it is not mandatory to have a joint account with your spouse. If you feel, you no longer wish to have your spouse in your joint account, you can let them know and then contact the bank to remove their name from the accounts joint holders list.