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Old 11-18-2007, 09:13 AM
 
Location: NoVa
18,431 posts, read 34,345,842 times
Reputation: 19814

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To anyone who can help with this question, I appreciate it.

My husband and I are both named on our sons savings account. We are separated, since Sep 1.

My sons acct has been showing up online when I go to check everything on my stuff, and I notice this weekend it is not.

Could my husband have my name removed from that account, or have the bank do that?

My daughters is in my name only, so hers still appears. It is not a big problem, I can just open an acct with his name for a savings, the money in there was not much, but I just wonder if I could be removed without my permission, a form signed, something?!?!

Of course it is sunday, and I cannot get in touch w the bank, I have e mailed them.
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Old 11-18-2007, 09:46 AM
 
7,099 posts, read 27,175,023 times
Reputation: 7452
I would think that an account could be closed without your permission and a new account opened without your name. Ask at your bank. The rules may change from one institution to another.
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Old 11-18-2007, 10:09 AM
 
Location: NoVa
18,431 posts, read 34,345,842 times
Reputation: 19814
An account with my name on it?
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Old 11-18-2007, 10:25 AM
 
Location: huh?
3,099 posts, read 2,643,885 times
Reputation: 511
i dont think the bank would allow your husband to do that. only you can do that.
Quote:
Originally Posted by cinderobyn View Post
To anyone who can help with this question, I appreciate it.

My husband and I are both named on our sons savings account. We are separated, since Sep 1.

My sons acct has been showing up online when I go to check everything on my stuff, and I notice this weekend it is not.

Could my husband have my name removed from that account, or have the bank do that?

My daughters is in my name only, so hers still appears. It is not a big problem, I can just open an acct with his name for a savings, the money in there was not much, but I just wonder if I could be removed without my permission, a form signed, something?!?!

Of course it is sunday, and I cannot get in touch w the bank, I have e mailed them.
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Old 11-18-2007, 06:58 PM
 
Location: Cary, NC
2,407 posts, read 10,676,988 times
Reputation: 1380
I think your husband could have taken the money out, closed out that account, and redeposited the money some where else. Depending on how the account was set up, any/either of the accountholders could have access to the funds.
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Old 11-18-2007, 07:29 PM
 
Location: Arkansas
1,230 posts, read 3,175,083 times
Reputation: 1569
It actually depends on your banks policies and state law. Here in Arkansas you can not remove someones name from an account with out a signature from both parties

However you husband can have your sons account set up on his on line banking, which in most cases original set up of on-line banking becomes void.
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Old 11-18-2007, 08:20 PM
 
Location: Happy wherever I am - Florida now
3,360 posts, read 12,264,630 times
Reputation: 3909
Unless the account was set up so that 'both' your husbands and your signature were required then he could take the money out and close the account. Look at the statement/bankbook/papers and see if it says 'and' or 'or'. If it's 'or' either one of you could close it/take money out. If it's 'and' then both signatures would be required.

Call the bank and check with them.
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Old 11-19-2007, 06:41 AM
 
Location: Arkansas
1,230 posts, read 3,175,083 times
Reputation: 1569
Quote:
Originally Posted by Sgoldie View Post
Unless the account was set up so that 'both' your husbands and your signature were required then he could take the money out and close the account. Look at the statement/bankbook/papers and see if it says 'and' or 'or'. If it's 'or' either one of you could close it/take money out. If it's 'and' then both signatures would be required.

Call the bank and check with them.
In some states, it is always assumed "or" (ie: Jane Doe, John Doe.....) unless it specifically states "and".
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