Legal Question in Banking Law in Minnesota
Checking and saving accounts
I am married. I have only been married for 1 year. I put my 2 kids , both over 18, on my savings account. If anything happens to me I want my kids to have what is in my account. In case of a divorce, or death, is it true my husband vcan have my account frozen by an attorney and get at the money. I have already provided for him. Sincerely,--name removed--
Asked on 3/10/07, 10:27 am
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: Checking and saving accounts
Is the account POD or Joint Account?
Do you also have a Will providing for H?
Life Insurance would be better vehicle for children, if no pre-nup is in place.They COULD withdraw $ at any time if it is set up improperly.
Answered on 3/10/07, 11:58 am
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