SPARC Forums

Main Forums => Parenting Issues => Topic started by: c-lyn7 on Jul 14, 2004, 11:31:14 PM

Title: minors bank accounts
Post by: c-lyn7 on Jul 14, 2004, 11:31:14 PM
if a child under the age of 18 say 17 has a checkings account with this persons parents names also on the account, and the minor wants to take their parents off, are they able to do so?
Title: RE: I don't believe so.
Post by: junglechicken on Jul 15, 2004, 08:33:16 AM
I'm about 95% sure that parents need to give permission to take their signing authority away from their child's account, and they may even have to transfer the money into a different account under just the child's name.