Efficient Markets
Efficient Markets
Mark Walhout
39. The Not-So-Great Ways to Manage Joint Accounts with Aging Parents
10 minutes Posted Jan 29, 2021 at 5:24 pm.
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Show notes

Welcome to Episode 39 of Retire Me.

Today we discuss joint accounts and the pitfalls that can come up with adding adult children to non-registered investment accounts or bank accounts, which include:

1) Loss of Control

2) Open up to children's creditors

3) Possibility for sibling disputes

4) Tax issues

I hope you find this helpful!

Mark

Show notes and slides at www.walhoutfinancial.ca/podcast