Sentences with phrase «as joint account»

Another strategy for making sure your survivors have money to pay for final costs is to contribute regularly to a small savings account for that purpose, set up either as a trust or simply as a joint account with your designated survivor.
It can be individual as well as a joint account with his / her spouse.
Another strategy for making sure your survivors have money to pay for final costs is always to contribute regularly to a small savings account for that purpose, set up either as a trust or just as a joint account along with your designated survivor.
Preferably add a family member as a joint account holder.
This problem most often arises when one child has their name as a joint account holder to help parent pay their bills.
But since this person isn't a primary account holder, he doesn't receive the same privileges as a joint account holder.
You could be responsible for debt your spouse takes if you put your name on a loan's promissory note or if you are added as a joint account holder of a credit card.
Would they add you to their best credit card account — as a joint account holder?
Also, you are rewarded equally as a joint account holder — piggybacking on the success that it took them years to establish.
An authorized user just gives a person the authorization to use the card, but as a joint account holder, you will also hold the responsibility of that card — meaning; you would be equally and fully responsible for the debt.
Keeping Score — If your kids are trustworthy, consider adding them as a joint account holder to your credit card account.
As a joint account holder, you can watch their savings grow when you use your own online or mobile banking login.
So for example, if you have a single Account as well as a joint Account, you'll be insured up to $ 250,000 for the single Account and up to $ 250,000 per depositor on the joint Account.
That chosen person might not want to add you as a joint account holder, but instead as an authorized user.
That is, to get yourself added as a joint account holder or as an authorized user.
(Must have a qualifying adult as joint account holder if member is under age 18)
As a joint account holder, you share the legal responsibility of making payments on the card account and can't be removed from the account very easily — a risk for the original account holder.
My mother added me to her Chase credit card as a joint account owner of the card, not just an authorized user.
If you've a packaged bank account and use the perks, make sure you add your partner as a joint account holder, so they can benefit as well.
Minors are defined as those under the age of 18 and are required to add a parent or legal guardian as a joint account owner.
Customers who want to keep more than $ 250,000 in accounts with American Express National Bank should consider opening a second or third account with a relative or spouse as a joint account so that each account will be insured to the maximum of $ 250,000.
I was also unable to add her as a joint account holder on any of my accounts (Etrade, Betterment, Capital One 360) so the best I could do was add her as my beneficiary.
Although they can be tempting, things such as a joint account or signing a lease where others have promised verbally to pay but the account / contract is in one's name only can cause major credit damage.
If you sign as a joint account holder after marriage, the debt will become a joint debt (more on that later).
Nevertheless, deposits and withdrawals can only be made by the adult who acts as the joint account - holder.
So Can i apply for home loan with my wife as joint account holder.
If you have more than $ 250,000, consider opening a different type of account, such as a joint account, in order to insure more of your savings — just be aware that a joint owner will have full access to any funds in the account.
* Children 12 or younger are required to have a parent / guardian as joint account - holder.
It is best to list all creditors where your name is listed as a joint account holder and once the divorce is final be sure to keep tabs on the open accounts that may still be connected to your name.
While parents still have to sign as joint account owners for students under 18, this type of account is tailored specifically to the needs of high school and college students.
The Student Savings account automatically opens as a joint account.
Plus since 14 year olds can't legally have these types of accounts on their own, it was set up as a joint account with my Dad who has paid the taxes on it in the meantime.
The spousal Roth IRA must be held separately from the Roth IRA of the individual making the contribution, as Roth IRAs can not be held as joint accounts.

Not exact matches

I recommend meeting with a third party (such as a financial counselor) to teach them how to handle the joint checking account.
«They'll indicate in their will that they want their assets divided equally among their three children, but then they go and name one child as the beneficiary to their IRA account and another to their house or a joint bank account.
The National Association of Real Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles in the United States («GAAP»), excluding gains or losses from sales of operating real estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.
One way to treat a joint bank account is like a mutual money pot for household bills and other expenses, such as groceries and vacations.
As a result, joint accounts that include someone who is deceased will be flagged when the creditors are notified.
Take advantage of «age - based» options: For example, tax regulations allow non-working spouses to establish IRA accounts as long as their spouses have earned income, a joint return is filed and the joint income does not exceed $ 190,000.
You can open an account as an individual, a joint account with another person, as a trust, as a custodian for a minor, or one of several other options.
Additionally, if you interact with Fidelity directly as an individual investor (including joint account holders) or if Fidelity provides services to your employer or plan sponsor, we may exchange certain information about you with Fidelity financial services affiliates, such as our brokerage and insurance companies, for their use in marketing products and services as allowed by law.
Next, you'll indicate what type of account you'd like to open — savings account or CD — and whether you're applying as an individual or opening a joint bank account.
Note that if you have joint bank and investment accounts, this money can be used for your down payment and counted as an asset on your mortgage application.
The money we have not budgeted for joint use or savings is evenly distributed between our personal bank accounts to spend as we each see fit.
For the purpose of uniformity, accountability and transparency, members from Revenue Mobilisation Allocation and Fiscal Commission who have representatives from every state of the federation were recommended, as umpires and arbiters of the Federation Account, to play prominent roles during the meeting of the State Joint Local Government Accounts Allocation Committee.
Some couples share joint social networking site accounts to reduce relationship conflict, and there are some social networking site apps, such as the 2Life app, that facilitates interpersonal communication between partners.»
The damage occurred as the commander of the shuttle Discovery was remotely extending the second of two panels after they had been moved in a folded configuration from the top to the far left of the station; this just days after the right - side array had to be locked in place after metal shavings were found in the right - hand joint that adjusts their orientation with the sun, according to news accounts.
Experts at the Next Century Corporation will lead a joint research effort between the Biocomplexity Institute of Virginia Tech, the Hume Center for National Security and Technology, and Draper Labs to create a system that can flag potential terrorist activities as quickly as a credit card company alerting consumers to suspicious spending behavior on their accounts.
which particular ligament, muscle or joint is being affected, and then restoring mobility or strength as required to that particular area, without necessarily taking into account the lifestyle habits and all - day movement patterns that have lead to the particular injury or issue.
After studying this chapter, you will be able to: Explain the basic nature of a joint stock company as a form of business organisation and the various kinds of companies based on liability of their members Describe the types of shares issued by a company Explain the accounting treatment of shares issued at par, at premium and at discount including oversubsription Outline the accounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting treatment of shares issued at par, at premium and at discount including oversubsription Outline the accounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Faccounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking FAccounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Fund Method
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