Joint Accounts

Learn about the definition for this legal term.

What is Joint Accounts?

A bank account belonging fully and equally to two people, with either having the right to withdraw funds. These often loom important at the time of separation where one spouse takes the money without the other's consent. The Court may order reimbursement in fashioning the equitable property division order.

Further Reading

For more detailed information, see our related Family Law terms:

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