Sentences with phrase «joint accounts for children»

Many banks and credit unions offer special joint accounts for children, with unique promotions or incentives.

Not exact matches

You can open an individual taxable account or an IRA account, but there is no option to open a joint account with your spouse or a custodial account for your child.

Many parents cosign for their adult children's first credit cards, which can mean they're joint cardholders on their account and responsible for the bill.

They had over $ 10,000 in a joint account that they used to pay bills and save for their children's education.

For example, if you have joint ownership with right of survivorship (JOWROS) of a bank account (or a home, etc.) with your child, the child would receive complete ownership upon your death.

Imagine a joint account for a parent and their college age child.

If they wish, they may even use a joint checking account that is shared and used by both parents to manage and pay for the children's costs.

The issues that are typically addressed in mediation are issues related to children: legal custody and residential custody, visitation, child support, allocation of college expenses for the children, health insurance, life insurance; alimony and spousal support; division of real property, including the family home; division of tangible personal property including motor vehicles, boats, furniture, furnishings, art work, etc.; disposition of other property accumulated during the marriage, including bank accounts, investment accounts, pension / profit - sharing / retirement accounts, etc.; payment of credit cards and other debts, and tax matters including decisions relative to filing joint or separate tax returns and claiming the children as dependency deductions.