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Having parents as co-owner of bank account?
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Puzzleheaded_Alps786 is
in
Colorado
Post Body
Hello,
So my mother is the co-owner on my bank account and this means she can access it to see what Iām spending and where.
Because of this, I am considering getting her removed by opening up and identical account with her not on it.
I use navy federal so she is the one who originally set it up.
Is there benefit to having a parent as a joint owner? Or some other reason why I may consider not doing this?
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- Posted
- 2 years ago
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