Check your credit reports to assure joint accounts
are being paid.
Younger couples are much less likely to hold joint accounts
than older couples.
Just 27% of couples aged between 25 and 34 have a joint account
, rising to 48% for those aged 55 to 64.
Those with large amounts of cash should remember to always try to keep within the pounds 85,000 FSCS deposit limit, or pounds 170,000 for joint accounts
, per banking licence to protect their money.
These events happen to the best of children; nevertheless, in those cases, the joint account
will be deemed to be owned by the child and the parent's assets may be lost.
Freezing of joint accounts
of Pervez Musharraf and his spouse is beyond the court's jurisdiction, he added.
The tribunal said Ashwin -- the son of the Bihar cadre officer -- signed a cheque Rs 34,000 out of his joint account
with Sarkar for " entertainment", details of which he hasn't yet provided.
Marria continues that this policy also applies to a joint account
in the case of a spouse's death.
When couples were asked why they didn't have a joint account
75pc of women claimed it was because they liked their financial independence and didn't want their partner knowing what they spent their money on.
Anderson and Lisa maintain joint accounts
for such purposes as stock investments, and are beneficiaries on each other's insurance polices.
For those clients who have securities accounts, the rides regarding joint accounts
with rights of survivorship still apply; that is, the securities pass directly to the surviving accountholder without probate.
This does not apply to a financial institution joint account
to which Probate Code Division 5 Part 2--joint accounts