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The account is in both of our names she wants to take my name off so her money cant be touched. She is dieing of cancer and only put my name on it so when she dies the account wont be in probate. What should she do?

2006-10-02 05:28:29 · 3 answers · asked by Anonymous in Politics & Government Law & Ethics

3 answers

If you have the right to issue checks from and/or withdraw funds from her account, a creditor or bankruptcy trustee might seek to include it in your estate. Even removing your name as a signatory shortly before filing may be deemed to be a concealment of assets or a prohibited preferential transfer. You should seek advice of a bankruptcy attorney as soon as possible.

2006-10-02 05:45:25 · answer #1 · answered by Anonymous · 0 0

I think so. Get off her account ASAP, have her write a will. Put her dog in it if you have to, and you as custodial...

2006-10-02 05:31:50 · answer #2 · answered by Anonymous · 0 0

contact the bank.

2006-10-02 05:31:44 · answer #3 · answered by CCC 6 · 0 0

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