For Seniors, Joint Bank Accounts Should Be A Matter Of Trust
- Published: Saturday, 03 June 2017 20:15
Raleigh – When I draft wills for older clients, they often ask about “adding a name” to their bank account – in other words, setting up a joint account. Joint accounts can make perfect sense for seniors who depend on family members for help paying bills and other day-to-day tasks. Joint accounts can also help avoid the need for probate, an often-complex process that requires court involvement to carry out the will.