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  2. Banking for couples: Should you open a joint savings account ...

    www.aol.com/finance/banking-couples-open-joint...

    The Federal Deposit Insurance Corp. (FDIC) insures deposit accounts at banks up to $250,000 per account holder—while the National Credit Union Administration (NCUA) offers the same coverage for ...

  3. What to Do When a Loved One Dies - AOL

    www.aol.com/loved-one-dies-121300644.html

    "The banks are quick to freeze funds and force you to open estate accounts and consolidate monies there. It is by design. Their goal is to retain control of the monies and then refer you to one of ...

  4. Joint bank accounts: The pros and cons for every stage of life

    www.aol.com/finance/pros-and-cons-joint-bank...

    Estate planning is simpler. When one account holder dies, the other typically becomes the sole owner of the account without having to go through a lengthy legal process. ... How to open a joint ...

  5. Custodial account - Wikipedia

    en.wikipedia.org/wiki/Custodial_Account

    A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a legal guardian or custodian, who has a fiduciary obligation to the beneficiary.

  6. What To Do If You Are the Executor of a Will - AOL

    www.aol.com/finance/executor-220728723.html

    To simplify paperwork, the executor can open a separate bank account that is designated to pay off existing debts. Then, the executor can move funds from the decedent’s bank accounts to the ...

  7. How Transfer-on-Death Accounts Can Fit Into Your Estate ... - AOL

    www.aol.com/news/transfer-death-accounts-fit...

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