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Black Parents Aging Podcast


Aug 12, 2021

Nicola joins us in the podcast today to talk about a topic that comes up a lot in estate planning - adding adult children to your parents’ bank accounts and assets. While this may be well-meaning, there are a lot of reasons why you shouldn’t.  So if you are thinking about putting your name on mom or dad's bank accounts, or if your siblings are thinking about doing that, this episode is for you!

 

Nicola talks about:

  • Why you should consult an attorney before adding your name to your parents’ bank accounts
  • Six reasons why adding adult children’s names to their parents’ accounts isn’t a good idea.
  • Alternatives to joint account ownership.

… and so much more!

 

Let’s continue the conversation in our Free Facebook group!: 

 

Black Parents Aging

 

Connect with Nicola:

 

LinkedIn: Nicola Robinson



Check out the SR Law group:

 

Website: https://www.srlawgrp.com/