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joint account question
D_R_J
Posts: 4 Newbie
Hi everyone
My wife and I have a normal joint bank account. However, I have opened an online savings account ( with another institution ) in my name only (it has a Direct Debit set up linked to our joint account )
Should anything happen to me, I would like her to access this savings. Can she simply go online and transfer the savings back into our joint account ?
Thanks in anticipation
Dave
My wife and I have a normal joint bank account. However, I have opened an online savings account ( with another institution ) in my name only (it has a Direct Debit set up linked to our joint account )
Should anything happen to me, I would like her to access this savings. Can she simply go online and transfer the savings back into our joint account ?
Thanks in anticipation
Dave
0
Comments
-
Technically yes - if she has the passwords etc.
Legally no -as the account would be subject to probate."The true measure of a man is how he treats someone who can do him no good."(Samuel Johnson 1709-1784)
Lots of years in financial services, still learning!0
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