But he made a statement that she should let him know beforehand when she take money out. She was furious, for he kept promising her yes I'll put you on my account and never did. What's your advice?
2007-04-03 04:10:47 · 14 answers · asked by Rose 3 in Family & Relationships ➔ Marriage & Divorce
Suggest that if they want to open up a joint account, then that's fine. But do it not based on the accounts that have already been established. They can open a new joint account and put in money every now and again. They should also account and calculate how much money each partner puts into the joint account. That can help for starters.
Hope that helps. Other input built from this will be great assistance too!
2007-04-03 04:16:03 · answer #1 · answered by sum1_keeps_taking_my_name 3 · 0⤊ 0⤋
My husband & I have seperate bank accounts and we have a joint account. He does not tell me how to spend my money nor do I tell him how to spend his. The joint account is where the household budget gets put into. Neither of us can take money out of the joint with out the other persons signature. All our bills are automatically deducted out of it. What either of us do with our own accounts is our business but I am glad to say that we don't feel the need to hide from each other what we do with the money unless it's a special gift( b'day, anniversary etc.) My advice is for her to go ahead and have her own account especially if it is her own business.
2007-04-04 00:26:00 · answer #2 · answered by Vera K 3 · 0⤊ 0⤋
If his name goes on her business account, when they divorce he will get her business,,,and trust me he'll take it, most likely he'll think it's his right even though he doesn't do the work. Does that sound any more illogical and controlling than wanting his name to be on her business account?
2007-04-03 11:26:12 · answer #3 · answered by . 5 · 0⤊ 0⤋
Unless they are both involved in the business, his name doesn't need to be on the account, and shouldn't be.
She doesnt need to be furious about it. Simply use her head.
Like the saying goes, what's good for the goose is good for the gander. I think ya get the idea. ;)
2007-04-03 11:27:57 · answer #4 · answered by iyamacog 7 · 0⤊ 0⤋
Is he a partner in the business? if not then he has no business being on the account
2007-04-03 11:22:43 · answer #5 · answered by Joy 5 · 0⤊ 0⤋
If she isn't on his account then why put him on hers? Doesn't make sense. Sounds like they both have trust and/or control issues. If its HER business and HER account I definately wouldn't put his name on it.
2007-04-03 11:15:31 · answer #6 · answered by Tatem 2 · 0⤊ 0⤋
my advice is to mind your own business. They are grown and that is their situation. It is best that you stay out of it. Be a friend and let her talk to you but keep your distance.
2007-04-03 11:23:52 · answer #7 · answered by Cutie Pie 3 · 0⤊ 0⤋
I wouldn't advise her to put his name on any of her accounts. If their marriage breaks up, he is entitled to half of her company's assets. That's not fair to her. And since he didn't put her name on his accounts, he doesn't have a leg to stand on.
2007-04-03 11:18:17 · answer #8 · answered by Ella 7 · 0⤊ 0⤋
most financial institutions won't allow any signers on the accounts unless they are officers of the business. so she should just tell him that he can't be on it because he is not an officer, i.e., president, treasurer, CEO etc.
2007-04-03 12:54:56 · answer #9 · answered by spacey 3 · 0⤊ 0⤋
Business is business and personal is personal. Dont mix both, especially when it come to money.
2007-04-03 11:13:49 · answer #10 · answered by boricua_chick_21 5 · 0⤊ 0⤋