What happens in a 'joint account'
I guess I already know the answer - How easy it would be to be 82, not in a home, open a savings account - let's say 50,000 - a check from her brother - and put my name jointly on the account.
That's her money, right? If she goes into a home - that's part of HER assets, right?
It's obvious. Otherwise, everyone would be taking their money and putting it in a joint account.
But, here's my question. Can I withdraw any money from that myself (with her knowledge of course) but then if she went into a home - make sure it is not spent in case they come back to me because that money was considered HER assets?
Hope I made sense with the above post - as you can all imagine - I have NO IDEA what I am talking about lol