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.
Not exact matches
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.
We have some zombie checking
accounts from
before we were married because each
of us is reluctant to sever relationships with those banking institutions (though we did add each other to the
accounts to make them
joint).
And secondly, Chase is one
of a number
of banks that no longer offers jointly held credit card
accounts, though they continue to support
joint accounts opened
before making this policy change a little more than a year ago.
My spouse and I have mostly combined finances, and view all
of our money as
joint (even though there are a smattering
of accounts between us with just one name on them as holdovers from
before we were married).
If your filing status is married filing jointly, please check with your bank or financial institution
before requesting the deposit
of a
joint refund into an individual
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.
While having proof
of the expenses made on
joint credit card
accounts is important to have during divorce proceedings, it may be a good idea to close those
accounts before filing for divorce.
If you owned a home
before your marriage and the rest
of the mortgage is paid for using funds from a
joint bank
account, the home will become marital property.