Author Topic: Dangers of Joint Account  (Read 431 times)

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girlinthewoods

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Dangers of Joint Account
« on: Jul 09, 2018, 08:44 PM »
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Hi. Gusto ko po sanang humingi ng advice regarding opening a Joint Savings Account Deposit. My estranged father suddenly appeared and asked me to be in a joint account savings deposit that he has.  :eek: According to him, para daw po mabilis magwithdraw para sa gagastusin if ever lang na may mangyari sa kanya and para na rin mas mabilis daw ma-claim ang maiiwan nyang money (versus pag may estate issues pa at tax) if ever mawala cya.

I know medyo cynical to think na baka hindi ito safe, kasi nga po narinig ko na nagsusugal po sya. Question ko po... madadamay po ba ako sa mga utang nya or any issues/risks na possible if I am included sa account nya (co-owner in a joint account).  :ohmy:

Maraming salamat po.

SamanthaB

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Re: Dangers of Joint Account
« Reply #1 on: Sep 10, 2018, 02:40 PM »
I don't have enough knowledge about being a part of a joint account but as per your statement (that your father is a gambler), you should really think twice about it.  Consult a professional about this case. You will not want to lose the money you worked hard for.
She's a freelancer but it doesn't mean she do things for free.

 


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