Legal Talk Texas: Mom’s banking shortcut; why an easy fix is a bad idea - Cross Timbers Gazette
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Legal Talk Texas: Mom’s banking shortcut; why an easy fix is a bad idea - Cross Timbers Gazette
Do you want to take a walk on the wild side? Just add your adult child as a co-owner to your bank account. Suppose you live in Texas and you have an adult child: Jim. Jim has been helping you pay your bills. You want him to have direct access to your bank account to make it easier for him to do that. You and Jim think that adding him as a co-owner to your bank account is the perfect solution. You do that, with the banker helpfully setting up t…
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