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If a wife has a checking account with only her name on it and she dies does her husband get it?
If she states in her will that her husband shall receive that account he will. She may leave it to anyone she chooses. If she dies without a will it will pass as intestate property according to the laws of your state. See the link provided below for state-by-state intestacy laws.
What else can I help you with?
How can you have your former husband's name removed from a line of credit that is linked to your personal checking account so he is not responsible for liablilty or credit reference?
A joint account holder cannot be removed from the account, the account will have to be closed.
Can wife add her name to his checking account without his approval legally?
No she can't as a matter of fact without his written permission she can't even get general information about that account. This is what I found to be amazing, if this couple has a joint savings account, but the husband's name is the only one on the checking account, he is the only one that can legally transfer money from the savings account to the checking account. It also works this way if there is a joint checking account and money needs to be transferred from the joint checking account, to the savings account with only the husband's name on it, he is the only one that can move money from one account to the other. I am a bank manager and I know this is more information than you asked for, but when I have to explain this to couples, it often leads to a very heated discussion between them in my office. I live in Virginia and I can only answer for Virginia. I hope you found this answer helpful.
What is the technical name for checking account is?
Demand Deposit Account
If your name is on a checking account with someone else and she passes what happens to the balance on the checking account?
It depends on your relationship to the deceased and if there was a will.
Member of joint account does what happens for survivorship?
When a joint owner dies their interest passes automatically to the surviving owner. The survivor is the sole owner of the account and can close it or make changes. For example the survivor can take the decedent's name off the new checks for the checking account.
Can you continue receiving direct deposit into a checking account after your name has been removed from the account?
no
How can you get money from husband bank account if its not a joint account after he dies?
You have to wait until the estate is setled. Speak to a lawyer regarding the law in your area.AnswerIf the account is the only property in his name check at your local probate court for a simplified process by which the court will issue some form of authority in your name that will give you the power to close the account.
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
If you have a joint checking account with your husband can he close it or remove your name without your signature?
He cannot remove your name from the account. However, he can close the account and then open a new account with the money. Just remember this can work both ways. With a joint account either person can go in and close the account out and then take the money and open themselves a new account. Most of the time it depends on who makes it to the bank first to close out the account.
My checking and savings account have been frozen by a credit card company. My husband's name is not on this debt but we have a joint checking account. Can they take all of our money?
If it is a joint account, they can take the funds in that account. Depending on which state you live in, there are different exemption rules. In Michigan, they can take all the funds, even if the account is joint, as long as it has your name on it. If your husband had an account with his name only (which is what you may want to set up immediately), then they could not take those funds. Your husband is not legally responsible for your credit card debts if your name is the only name on the credit card. Check with your state's laws regarding collection and exemptions.
How do you get title in my name after husband dies?
my husban died can i sign a car title in my name to sell it.
A share draft account is another name for a checking account in what type of financial institution?
credit union
