Sentences with phrase «in a joint account belongs»

If you're married or in a civil partnership, money in a joint account belongs to both of you equally.

In the nine community property states, half the money in a joint account belongs to each spouse — and each spouse is generally entitled to reimbursement of his half as part of the property settlement.

Not exact matches

Separate property states maintain that assets owned before the marriage or acquired during the marriage, but housed in an account separate from the joint account, belong only to the authorized user.

It's not a joint account but rather a separate IRA set up in the spouse's name and belonging exclusively to that spouse.

Joint account also means there's an ambiguity about what belongs to whom and is transferred in what direction.

Although American Reflexxx — a short film by Alli Coates starring the performance artist Signe Pierce — premiered two years ago at Art Basel in Miami, only recently has the work surfaced online, on a newly created joint YouTube account belonging to the two... Read More

If you're splitting up having lived together, money you have in joint accounts for household bills or similar would be assumed to belong to both of you in equal shares.

if you're separating from your partner, divorcing or dissolving your civil partnership, money in a joint savings account belongs to each of you equally, unless a court decides differently.