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Can chase bank take money from 83 yr old elderly mother s chase savings account that son is executor on to pay for repo car even though mother had no interest in loan?
I'm trying to get this straight: if the son is on the account, and the son has an outstanding debt, and Chase has a judgment or the account is a Chase account, then yes. It does not matter if there are thirty people on the account that never signed for the loan. The fact that one person did is enough provided that person is indebted to Chase.
Can a Bank open joint account in the name of blind persons?
Yes. Blind individuals can have a bank account of their own or can have a bank account that is jointly held by the individual and his relatives (Son/Father/Mother/Daughter etc.) Banks would accept a thumb impression of the blind individual and match it every time the customer wishes to use a check for withdrawal.
What are the examples of contra voucher?
# Cash account to Bank account # Bank account to Cash account # Bank account to Bank account
Why would you be asked your mother's maiden name when opeaning a bank account?
you would be asked this for security reasons only, ex someone trying to jack your account.
Which bank should I go to take a personal loan for my son's marriage?
Approach your own bank (most people have a bank account ) If you don not have one consider opening one with a reputable large organisation
Can chase bank take money from 83 yr old elderly mother s chase savings account that son is executor on to pay for repo car even though mother had no interest in loan?
I'm trying to get this straight: if the son is on the account, and the son has an outstanding debt, and Chase has a judgment or the account is a Chase account, then yes. It does not matter if there are thirty people on the account that never signed for the loan. The fact that one person did is enough provided that person is indebted to Chase.
Can a Bank open joint account in the name of blind persons?
Yes. Blind individuals can have a bank account of their own or can have a bank account that is jointly held by the individual and his relatives (Son/Father/Mother/Daughter etc.) Banks would accept a thumb impression of the blind individual and match it every time the customer wishes to use a check for withdrawal.
If there was a joint account between a daughter and mother and mother died can the daughter continue using the mothers separate and sole account at the same bank?
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.
What happens to a joint bank account when the the primary is the now deceased mother and the joint account holder is a daughter and In this case there is no will can they do anything?
The daughter now owns the bank account and everything in it.
Can you use your deceased mother's bank account?
Not unless you were also named as a joint owner of the account. If you and your mother had a joint account the full ownership passed to you upon her death. If the account was your mother's sole account you would need to forge her name to make any withdrawals. That is not legal. The account is part of her estate.
Your mother died and left her daughter a joint account can anyone draw money out of that account?
No. As with any bank account only the account owner can withdraw money from the account. If the mother set up the account as a joint account with her daughter (with both mother's and daughter's name on the account as joint owners) the full ownership of the account passed to the daughter when the mother died. No one else can make withdrawals.
How can a father Put money in bank account for a mothers child?
* Have your banking institution create an account for the mother and just deposit the money in there. Make sure the mother has the account number so she can draw the money out.
When your mother dies does her common law spouse have rights to her personal bank account?
Only if it is a joint account or payable on death to the "common law spouse". If it is a sole account in your mother's name then it is a part of her estate.
How do you write a letter to bank manger for cancel the joint account?
im not closing my account,just want to relieve my mother from my joint account and change it to single account
What are the examples of contra voucher?
# Cash account to Bank account # Bank account to Cash account # Bank account to Bank account
Is it against the law to take over your mother's bank account and she is in her 70's?
It most certainly is.
If a mother adds her son's name to her bank accounts and the son dies can the daughter-in-law claim that one half of the money should go to her?
The money was for the son not the Daughter in law. NO if the son had children the put one of the kids names on the account now to receved it at the age of 18. If he had no kids then find another family/friend to put the account under. and remove the sons name from the account. The majority of joint bank accounts are held in Joint Tenancy With Survivorship Rights. Such s designation means that upon the death of one of the account holders the funds automatically revert to the other account holder(s) and are not subject to litigation or probate procedures. If the signature card does not stipulate how the account is set up, state default law applies. If the signature cared indicates something other than JTWSR the account is subject to partitioning by probate court.
