Sentences with phrase «of joint account»

To keep a home running, bills for electricity, water, gas, and other services must be paid, either out of a joint account or by one spouse.

One integral step is to see what is currently held jointly and if anything comes out of that joint account, ensure it is divided as fairly as possible.

Because of this, the court in your state might not award you or your spouse exactly half of the joint account.

Instead, Fox Turner says couples should pay household bills out of a joint account so that each spouse feels they are equally contributing.

These other beneficiaries may challenge the right of the joint account holder to receive the balance in the joint account.

When the money is taken out of the joint account, the amount that is taken out and by whom, and how the money is used are all up for consideration by the court in a divorce case in Florida, so having the advice of an attorney before making any drastic decisions is recommended.

You'll also be asked to provide your name, the name of any joint account owners, or the name of your organization, along with:

A characteristic of a joint account is that normally upon the death of one account holder, ownership of the account assets pass to the remaining account holder (s).

All three types of joint account holders are usually close to the primary account holder, including old friends and family members.

Would you suggest me some banks in North Carolina that have services for this type of joint account?

Upon the death of any joint Account holder, the surviving joint Account holder (s) must give reasonably prompt notice to us.

For example, if you were a co-signer on a loan that was paid as agreed or if you're co-owner of a joint account that's in good standing and is not listed on your credit report but it is on your partner's, you should contact the creditor to be sure that kind of information is reported to all three credit bureaus.

States that do not allow garnishment may seize your bank accounts (and sometimes part of a joint account), sell off non-exempt property, or place a lien on your property.

A creditor who reports the credit history of a joint account to credit bureaus must report it in both names.

You agree to indemnify and hold the Credit Union harmless from all costs, including attorney's fees, damages, or claims related to our refusing payment of an item under your stop payment order, including claims of any joint account owner, payee, or indorsee, or related to in failing to stop payment of an item as a result of incorrect information provided by you.

Once such enrollment takes effect, the mailing of Paper Statements to any and all owners of the joint account will cease.

And in the case of a joint account, that interest is treated as being split equally.

The Early Withdrawal Charge will not be applied in the event of the death of an Account holder (or one of them in case of a Joint Account).

One thing we are trying right off the bat is to get any large and regular payments that we can't control the due date of out of our joint account.

Hopefully, they will create some sort of joint account in the future.

We spend about $ 120 - $ 140 on food shopping per week, which comes out of our joint account.

'' We have an illegal ministry of Local Government that is busy sharing money all in the name of joint account.

And to add to the injury some of your councils» allocations, from the federation account, were arbitrarily deducted in the name of joint account.

Excluding my husband's retirement savings and taking only 1/2 of our joint accounts I am sitting at a net worth of 225,000.

If both owners have equal rights to withdraw money from a joint account, each person's shares of all joint accounts at the same insured bank are added together and the total is insured up to $ 250,000.

The maximum limit is Rs. 9,00,000 in case of joint accounts and Rs. 4,50,000 for individual accounts.

Deposits at banks and CDs are generally insured by the FDIC on principal and accrued interest up to $ 250,000 per individual depositor and up to $ 250,000 per owner of joint accounts.

If any of those joint accounts are managed poorly after your divorce, then that mismanagement will likely damage all of your credit reports and credit scores.

Even if you trust your spouse to keep his head in the face of pending proceedings, it is still a good idea to protect your share of joint accounts before he has a chance to clean them out.

Usually this results in the closing of joint accounts and the opening of separate accounts with appropriate transfer of money.

Not exact matches

While he regularly makes outside investments with a group of other investors for his own personal account, he made it clear that — even in an era when everyone is looking for strategic partners, joint ventures, and hoping to use OPM — when it comes to Morningstar, he prefers to own 100 % of the opportunity and go it alone.

Chairman of the Joint Chiefs of Staff Gen. Martin Dempsey told Israeli leaders Jan. 20 that the United States would not participate in a war against Iran begun by Israel without prior agreement from Washington, according to accounts from well - placed senior military officers.

Fujifilm owns 75 % of the joint venture, called Fuji Xerox, which accounts for nearly half of the Japanese company's sales and operating profit.

WHAT THEY DID: An earlier version of the Senate plan would increase deficits by roughly $ 1 trillion over 10 years, even when taking into account additional economic growth forecast with the tax cuts, the Joint Committee on Taxation said last week.

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.

Even when one party tries to prove their relationship has lasted long beyond the legal start of the marriage — i.e., showing a joint bank account — there's no guarantee it will work.

During a marriage, it's common for a couple to obtain joint credit card accounts and co-sign for various types of loans.

In the event of a spouse's death, creditors can not automatically remove the deceased person's name from the joint account and make the debt the sole responsibility of the living spouse.

Jollibee's foreign businesses - including joint ventures in China, the United States and Vietnam - account for 30 percent of its system - wide global sales.

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.

he served with KPMG from 1977 to 2002 and held a number of senior positions, including the general manager of KPMG's joint venture accounting firm in Beijing, the managing partner in KPMG's Shanghai office and a partner in KPMG's Hong Kong Office.

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.

Now that you have both become a half of one whole, how will you manage your family finances and should you have joint accounts?

For example, if you expect $ 48,000 in taxable income (before tapping your investment accounts), you could target a marginal rate of 12 %, the rate for joint filers in 2018.

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.

Separately, the report says that an account was opened at JPMorgan on behalf of the joint venture without the knowledge of all of 1MDB's board members.

The report also says that in September 2009 1MDB made a payment of $ 300 million to an account of 1MDB PetroSaudi, a joint venture of the fund, at JPMorgan.

You can choose from a large variety of products, including traditional, SEP or Roth IRAs, 401 (k) s, and joint and trust investing accounts.

If you own shares of common stock in more than one account — for example, in a joint account with your spouse and in your individual brokerage account — you may have received more than one notice or more than one set of paper proxy materials.

Mathematics also form an important part of accounting, and many accountancy corporations prefer graduates with joint degrees...