Clients often tell us they've put their child "on" their bank account. In our experience, that can mean several different things about the way the bank account is set up. And each of those different set ups has dramatically different ramifications for ownership and inheritance of the property. Parents are usually trying to make sure their kid can access the money if the parent becomes incapacitated. That way, the child can pay the parent's bills right away. It's a good idea, but you have ...
