Have you written your WILL?
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 Jun 15 2016, 04:03 PM
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#1
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1,639 posts Joined: Nov 2010 
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QUOTE(ronnie @ Jun 15 2016, 12:46 PM) That's what I "thought"... maybe we need a lawyer to confirm. But it's not a crime since the wife has the authority and access to the account... it would not be her needing a lawyer but the other party to do so if they want to make any claim... edit: I'm talking about joint savings and FD accounts where the wife has access. This post has been edited by j.passing.by: Jun 15 2016, 04:07 PM |
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Jun 15 2016, 04:33 PM
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#2
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1,639 posts Joined: Nov 2010
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QUOTE(wongmunkeong @ Jun 15 2016, 04:23 PM) yar BUT (there's always 1 If the wife able to withdraw the money, then I assumed the the accounts are either party to sign. If either party can withdraw when husband is alive, why there is a difference when he is dead? If creditors (or other family members) did not try to chase husband when he is alive to make any claim, then how practical is it after the accounts already emptied by wife.  ) - if the account(s) are in the deceased name only, TECHNICALLY it is a crime - how/who to withdraw after death?and when the Executor(s) of the Will finds out OR the bank finds out (coz Executor(s) presented death cert and stuff) .. then "hope" comes into play  Ways around this? er.. if flexi/current account(s) - write lar a few blank chqs (with no dates) to spouse, IF one trusts spouse not to runaway or worse... <looks at arsenic bottle> Not a lawyer but one of the Qs i asked my estate planners before Just sharing  This post has been edited by j.passing.by: Jun 15 2016, 04:35 PM |
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Jun 15 2016, 04:53 PM
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#3
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Yo, don't get hot la... already said joint savings and FD accounts...
If transfer because the wife have online password after husband is dead, then it is a crime... since wife is stealing from the bank and can't prove husband gave permission as he was already dead. Same if wife wrote wrong date on cheque... or maybe CSI can proof that she filled in the cheques after husband died. |
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