The Legal Blog of Lakeland, Florida Attorney

Joshua W. Westcott


Joint Bank Accounts as an Estate Planning Tool
Estate Planning Joshua Westcott Estate Planning Joshua Westcott

Joint Bank Accounts as an Estate Planning Tool

Some people think that adding a joint account holder to their bank accounts, such as an adult child, is an effective way to avoid the complexities of setting up a revocable trust or using a power of attorney. Let's take a look at the implications of adding a joint account holder to your bank account and why you likely want to avoid it.

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