The fantastic world of Joint Account
Sunday, July 5, 2015
Supreme Court Rules on Joint Accounts PART3
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b) Wording of bank documents: The clearer the language used in the bank document to suggest the transferor’s intent regarding the beneficial...
Supreme Court Rules on Joint Accounts PART2
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Pecore v. Pecore (2007 SCC 17) A father placed approximately $1 million of his assets in joint accounts with his daughter. She was one of se...
Supreme Court Rules on Joint Accounts PART1
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In two much anticipated decisions, the Supreme Court of Canada ruled on the legal presumptions to be applied when determining the intention ...
Joint ownership of bank accounts and investment accounts
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When it comes to bank accounts and investment accounts, some couples prefer joint ownership while others are strict about maintaining sep...
Joint Accounts: Appropriate Use of Joint Accounts
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As part of the estate planning process, in some provinces, some financial or legal advisors may encourage their clients to establish joint ...
Joint accounts: What does it really mean?
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Joint accounts A joint account offers the same features and benefits as a personal chequing or savings account in one name only, ...
Official Definition of ''Joint Account''
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Bank account in the name of two or more individuals (account owners) who jointly (equally) share its concomitant rights and liabil...
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