Sentences with phrase «check in a joint account»

For example, if you are issued a tax refund by the U.S. Treasury, or any check that is payable to both parties, you will only be able to deposit that check in a joint account that has both persons as signatories.

Are you sure about the statement «if you are issued a tax refund by the U.S. Treasury, or any check that is payable to both parties, you will only be able to deposit that check in a joint account that has both persons as signatories.»?

Not exact matches

• $ 12,309 in a joint checking account naming Nikolas and Lynda Cruz that is now down to $ 353 according to his attorneys;

Mr. Fuchs and his fiancée used to use Venmo, but in preparation for their recent wedding, the two opened a joint checking account and now pool their expenses there.

By the way, in joint accounts you have the option of requiring both partners to sign on every document, so that every check or order you write will only be valid with both of your signatures.

Each spouse receives their own discretionary spending money in their own separate interest bearing checking account each month, with all other funds being held in joint accounts.

Some banks and credit unions will allow those as young as 12 to open a student checking account (although, in many cases, minors will need to have a joint account with a legal guardian or parent).

In the second case you will have to deposit in a joint account OR bring the other person with you to the bank and have them show their ID to the cashier and endorse the check in their presencIn the second case you will have to deposit in a joint account OR bring the other person with you to the bank and have them show their ID to the cashier and endorse the check in their presencin a joint account OR bring the other person with you to the bank and have them show their ID to the cashier and endorse the check in their presencin their presence.

In the first case, you should be able to deposit the check in either person's individual account, or a joint accounIn the first case, you should be able to deposit the check in either person's individual account, or a joint accounin either person's individual account, or a joint account.

One advantage to a joint checking account is that all money is in one pot, so to speak.

An Account you maintain with us, which may include individual and joint checking, savings and money market accounts in good standing with us and for which you own or for which you have the authority to transfer funds, from which you transfer the funds to or from is referred to herein as an «Internal Account.»

An Account you maintain with another U.S. Financial Institution, which may include individual and joint checking, savings and money market accounts in good standing and for which you own or for which you have the authority to transfer funds, from which you transfer the funds to or from is referred to herein as an «External Account.»

If a couple has a joint checking account and a joint savings account at the same insured bank, each co-owner's shares of the two accounts are added together and insured up to $ 250,000, providing up to $ 500,000 in coverage for the couple's joint accounts.

In a related vein, older adults often add an adult child as a joint owner on their checking accounts to help oversee bill - paying.

Even though it's not strictly a cash back card, you can redeem your points for cash in the form of a statement credit on your HSBC credit card or as a direct deposit into your HSBC Bank USA, N.A. consumer checking or savings accounts in your name alone or as a joint accountholder.

To benefit from the good credit record already on the books in John's name, Mary should point out that she handled all accounts properly when she was married and that bills were paid by checks from their joint checking account.

If you have a joint checking account, you will be responsible for all advances, including interest and charges, from your credit card to cover overdrafts, regardless of who writes the check, makes the debit card purchase, or engages in any other transaction that causes the overdraft.

ƚƚTo be eligible to participate in the Honors Advantage program, you must qualify through either: 1) Military service of either the primary or joint borrower or 2) Ownership of any existing open or newly established PenFed Credit Union checking account product, excluding PenCheck Limited accounts.

In particularly acrimonious divorces, it's not unusual for one party to clean out joint savings and checking accounts and cancel joint credit cards.

If you find that you're the thrifty one, but money tends to burn a hole in the pocket of your partner, you might consider keeping separate, not joint, checking and savings accounts to avoid conflicts.

Joint checking / savings accounts, separate money deposited in a joint checking / savings account, jointly owned real estate, gifts from one spouse to the other — all are marJoint checking / savings accounts, separate money deposited in a joint checking / savings account, jointly owned real estate, gifts from one spouse to the other — all are marjoint checking / savings account, jointly owned real estate, gifts from one spouse to the other — all are marital.

Other financial responsibilities can also be detailed in a prenuptial agreement such as whether the couple will maintain a joint checking account with separate savings accounts and who will handle filing income taxes each year.

These conditions may be evidenced in a variety of ways, including the couple's living together (although no minimum period of cohabitation is required), raising children together, using the same surname, wearing wedding rings, filing joint tax returns, holding joint checking and savings accounts, and listing each other as spouses on health plans, retirement accounts and life insurance policies.

For example, if a spouse receives an inheritance and deposits the inheritance funds in a joint checking account, it will likely be converted into community property.

(The mother receives checks issued from a joint account of the father and the father's first father - in - law.)

While TIC investors own a property in common, just as a husband and wife own all the money in their joint checking account, returns from the acquired property are paid in proportion to individual investments, enabling relatively small investors to benefit from the economies of scale related to a large property investment.