Co-Owned Bank Accounts and Divorce: Is Your Parent’s Money at Risk? Insights from a Modesto Estate Planning Lawyer

It’s not uncommon for parents to add an adult child as a co-owner on their bank account. This arrangement often serves as a convenience, allowing the child to help manage finances or ensure easy access to funds in case of emergencies. However, what happens when that child is facing a divorce? Could the parent’s money […]

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