Why You Should Not Have Your Child on Your Bank Account

Kristen Marks

by Kristen Marks

Kristen Marks is an ultra trail runner, Peloton rider, yoga and meditator enthusiast, attorney, author, speaker, proud wife and mom to two young adult children, and the founder of My Pink Lawyer®, Florida Estate & Legacy Planning attorneys. Kristen has been crafting professional estate plans for Florida women and their families for over 25 years.

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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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