No. When another's name is added (so that person becomes a joint owner of the account), that person has the legal right to spend the entire account without regard to the wishes of the Senior Citizen who deposited the money.
Other frequently asked questions about joint ownership of bank accounts are:
Click here, to read all the questions and answers for joint ownership of bank accounts.The information in this site is not intended as legal advice.
|Back to Top of Page|||||Didn't find it? Use Advanced Search|||||Back to Step 1|