Joint Accounts with Mom – Whose Money Is It?

Posted on April 17, 2013 Theme: Joint bank accounts can have totally unintended and unforeseen consequences because most joint bank accounts aren’t controlled by the will. Legal: Most joint bank accounts in Texas are actually “joint tenancy with right of survivorship” accounts (“survivorship accounts”).  If the account is a survivorship account and one person on the account dies, the other … Read More