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Joint Ownership of Bank Accounts

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: 

• Why do senior citizens add people to their bank accounts?
• Is it alright to add a joint owner if it is someone I know I can trust? Are there risks?
• Do I have other options that would avoid probate and get my bills paid if I became disabled?
• Would you recommend adding a joint owner to my account? 

Click here, to read all the questions and answers for joint ownership of bank accounts.