You have to be very careful about buying into homespun notions that people who are in-the-know would never even remotely consider. With this in mind let's take a look at the unintended consequences that can come about if you decide to add someone to your bank account or accounts thinking that this is a way to transfer assets. First of all, the minute that you add someone to a joint account this person has just as much access and ownership as you do. So you better be extremely certain that this … [Read more...] about Joint Accounts Can Bring Unintended Consequences