My question exactly...............the joint owners could draw from the accounts now...........BUT, there has to be a lot of trust between the persons........could buy them houses with both names on the deed and could buy cars and payoff debts and nothing is reportable. Its doable............. I guess its a good position to be in...blessings
.no government mtninvilved also could payoff all the kids debts
Quote:
Originally Posted by Johnsocat
Couldn't she divide the cash assets into 3 accounts and have intended recipient be joint owner on the account?
Upon her passing the joint owner becomes the primary?
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