Why You Should Not Have Your Child on Your Bank Account

Kristen Marks

by Kristen Marks

Kristen Marks is an ultrarunner, newbie yogi, attorney, author, speaker, proud wife and mom to two college kids, and the founder of My Pink Lawyer®, Florida Estate & Legacy Planning attorneys. She has been crafting professional estate plans for Florida women and families for over 25 years, making things simple for their loved ones when they're gone and preparing their loved ones for the future.

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This is an issue that comes up a lot when meeting with clients at My Pink Lawyer® during their Family Succession Strategy Session.

Clients usually have their adult child on their bank account for convenience purposes so their child can help them pay bills or help them with their finances if needed BUT...

Here are four BIG reasons why you shouldn't have your child on your bank account!

 

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