Having an adult child added as an owner of bank account is a fairly common occurrence that allows both elderly parent and child to have access to the account if the parent needs assistance in managing their money. But most people don't know that by titling an account differently, the account can still be accessible without being owned by the child when the parent passes away.
What's In a Name? A Lot, When It Concerns Account Titles
John Mahoney Left Behind $5 Million and Many Heirs
Court lists 38 friends and relatives as potential beneficiaries to actor's estate.
Totten Trust Is One of the Simpler Trusts
It is best to be cautious when setting up a trust. However, there are some simple ones that are easier to change.
Do Not Avoid Probate by Gifting House to Children
Avoiding probate is a good idea, but not at the cost of losing your home.
Undue Influence Difficult to Prove but Not Impossible
Legal formalities are the key to a valid will. However, undue influence can create a major challenge.
Michigan Accepts Unsigned Will into Probate
An appellate court in Michigan overturns precedent and rules signature is not needed.
Woman Claiming to Be Prince's Wife Steps Forward
'Wife' says she has marriage license and a will.
Revocable Living Trust Can Be Confusing
It is important to understand the legality of a trust and how it fits in with your estate plan.
Prince May Have Had a Son but Results of DNA Test Sealed
Paper claims that DNA test proves Prince had a son.
A Rock Star's Death Is Lesson in the Need for Estate Planning
Prince died without a will or estate plan which can be a lesson to all.
