Sunday, May 9, 2010

Can you have a joint savings or checking account with someone if you are not married to them?

My boyfriend is joing the navy and he and I both agreed that I should be in charge of his money while he is away. Can we open a joint checking or savings account that his checks can be directly deposited into even though we are not married? Does anyone have any other suggestions? Thanks a lot!Can you have a joint savings or checking account with someone if you are not married to them?
**** yu!!!!!!!!!!Can you have a joint savings or checking account with someone if you are not married to them?
Sure you can do this. I just don't think it is wise to do so until you are married. If anything goes wrong, it is your boyfriend who is going to get screwed, so I guess if he's OK with it then you should do this. I just worry about him.
~~Yes, you can open an account with anyone you choose to. Just be aware, anyone on the account has equal access to all the money in the account.~~
Yes you can, just make sure you trust them of course.
Yes, but I suggest that he doesn't do this. What if you fail the relationship while he is gone? You have the ability to raid all his money too.





Not the smartest test in the love relationship.
You can do that. All you have to do is go into the branch and open the account together. You'll both need the required forms and ID and stuff. Just be careful.. sometimes having an account with someone can get messy
As everyone said yes you can have a joint account. Both of you just need to go in and open it up. However once you are both on the account one person cannot be removed. You must close it and reopen another account.





The only way you can remove a person from an account is if they are deceased. And yes it only requires one of the signers to close the account.
Yes. All you need is both of your names on the account.
you could have a joint savings account with anyone but to open account you both need to be present to sign signature card and give information.
yes
Yes you can open a joint checking account without being married. It is important to think through that before you do it. Most banks won't let you change the account later on unless both of you come back in. It also makes you liable for anything he does to overdraw or misuse the account.





Another option you have is to be appointed his power of attorney. Lots of service members appoint someone to act in that role for them while they are overseas. You can talk to a lawyer, or research online how you can do that and if it's a good idea for you. Your bank may also have a sample form you can work from.
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