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Tag Archives: joint account

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The Risk of Adding Your Children to Bank Accounts

UncategorizedBy Michael MollenhauerOctober 23, 2020Leave a comment

I want to leave my bank accounts for my children when I’m gone. Can’t I just make the children joint owners? That idea sounds better than it actually is. Yes, you would avoid court proceedings when you pass. But you’d put yourself at risk, at a time when you might need your money yourself. Your…

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