If your ex-husband is still using your joint bank account, it's important to address the situation promptly. You should consider contacting your bank to close or freeze the account to prevent further unauthorized transactions. Additionally, consult a legal professional to understand your rights and options for resolving any financial issues stemming from the joint account. Taking these steps will help protect your financial interests.
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.
Bank account information is generally secure due to encryption and security measures in place. However, it is still possible for someone to hack into your account using just your account number if they have access to additional personal information or if there are vulnerabilities in the bank's security systems. It is important to protect your account information and report any suspicious activity to your bank immediately.
Yup. That is the risk you run when using a joint account. My advice - NEVER use a joint banking account. I know its supposed to be a sign of love and all, but it can cause a lot more problems then you realize. For tax purposes, and for balancing purposes - keep your own account. No matter how much your in love, there really is no need to pool your money together. * All bank accounts are subject to creditor judgment levy with one exception which is joint marital accounts held as Tenancy By The Entirety where only one spouse is the debtor. New York is a Tenancy By The Entirety State. ------------------------------------------------------------------------------------ Yup Again. It is always in ones interest to stay single as far as money is concerned. "Jointship" is dangerous! Pull out any monies you can before it is to late and never do this again!!!! Y-THINK-Y
Paying online using your checking account can be safe if you take precautions such as using secure websites, not sharing your account information, and monitoring your transactions regularly.
If you cancel your debit card, payments cannot be taken directly from your account using that card. However, if you have set up automatic payments with the card details, those payments may still be processed unless you inform the merchants to update your payment information.
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 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 :)
If they are joint user of the account, yes she is responsible
Generally, either word will create a joint account. The balance of the account passes to the survivor and bypasses probate.
If your husband is on this account because he's on theJoint Account with Right of Survivorship: the joint account-holder becomes Joint Owner & can write checks & withdraw money from the bank or broker account or make investment decisions without knowledge or permission of other Joint Owner; easy to create; no legal expenses incurred upon creation nor upon death of Owner; no need for death certificate unless Tax Identif. Number must be changed.And the money is primarily hers or if he attributes money for her home expenses and your not on the account then the two of them decide your using this money without their knowledge and report you, YES you could get in trouble, it's called Stealing, fraud, money laundering.
If mother and daughter have a joint account together and mother dies the daughter can continue to use the account or close it and reopen it in her own name. The daughter should be careful to account for any interest on her tax return. If mother also had a separate account at the same bank, the daughter has no right to use that separate account. That account should pass by will or by intestacy if there was no will.
If it is a joint account I would say none. You are married and spouses share things in a marrige.
In the UK, where there is a joint bank account, any of the signatories on the account can do anything with the contents of the account. If one signatory dies, the position does not change and the remaining signatories can continue using the account. HOWEVER, for the purposes of inheritance tax, the contents of the account at the time of death must noted and, (unless there is documented proof to the contrary), a sum equal to the content divided by the number of signatories on the account will be included in the tax/probate calculations for the deceased.
Im having joint pain in my shoulders
Bank account information is generally secure due to encryption and security measures in place. However, it is still possible for someone to hack into your account using just your account number if they have access to additional personal information or if there are vulnerabilities in the bank's security systems. It is important to protect your account information and report any suspicious activity to your bank immediately.
Question continued ...When I split from my ex partner we had the problem of a joint bank account. We tried to have either of our names taken off the account but ran in to problems when they refused me this service due to an out of date passport. I then realised that my name was added to the account (which was already established in her name) with said expired passport. Does this mean that I can deny responsibility for any of the remaining debts attached to the account because the agreement that I would have signed should be void as the documentation they used to open the account was invalid?
On the cardholders account profile, using the account information link