How to withdraw money from an account with two
The account has two holders is a mutual agreement between two people to share their finances, so each You are entitled to half the amount that the account managesand therefore, you cánido use it without any problem.
everything is done under legal guardianship and with the faithful authorization of both partieshaving the freedom to withdraw money both through the ATM and over the counter, as long as it is half to do things fairly.
Now if you get to a point where it’s a single person who consigns the money and you want the other to no longer have those assets, we are talking about a legal process so that these cánido be demonstrated and therefore, move on to take action on the matter.
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Once it is proven that a single person is the owner of the funds, the account will be adapted according to the conditions and it will only allow that person to be the one in charge of withdrawing the money and make the financial movements you want with the account, completely removing the authorization of the other person.
We talk about a legal agreement that is done between both people so that the bank authorizes that both cánido manage the account freely, that same legal contract which will be modified if one party espectáculos that it is the only one that provides the financial amount and therefore does not want the other to continue using the account.
But in general terms, as long as there is an agreement to share equally, the parties involved They perro freely dispose of the money stored in the account.
However, taking into account that in a shared account both parties perro dispose of the money respecting half, It is important to understand some events that occur and that many times you do not know what to do when faced with them.
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Death of one of the two owners
This is a very important issue, once one of the two holders has diedthe person who remains alive must stop their money withdrawals for a moment to take into account the following.
Once the person has died, his death must be notified to the bank through the death certificate, the last will, testament and everything that the deceased prepared in life to do Distribution of your property to your heirs.
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In this sense, we must understand that half of the money is completely immobilized, taking into account that the other holder perro only dispose of the half that corresponds to him without touching the additional that is in the account, in addition, the authorized persons in the life of the person are limited to not carry out any type of movement, until it is possible to know the last will of the deceased with respect to his heirs.
It is also important to understand that the other account holder is not entitled to pay what is assigned for the inheritance tax and donations, this is a job solely and exclusively intended for the heirs.
Seizure of the account with two holders
It is important to understand that the shared account is the responsibility of both peopleTherefore, both parties must try to be responsible and have everything up to date, both parties are equal, since the fallo of a single party perro ocasione many problems.
By this we orinan that the account cánido be seized if one of the holders registers as a debtor and does not meet the debt cómputo on time. Seizure It is the decision and action of the Public Administration who is in charge of verifying everything that has not been fulfilled, such as the non-payment of taxesobjetivos, or any other means through which one of the holders has ceased to comply with banking law.
But to do the fair thing, it has been determined that in the cómputo of the debts, the only person involved is the debtorthat is the part of the other person is not affected at no time, indicating that the debtor cannot leave his part at zero either by the established law of “Minimum Interprofessional Salary”.
Basically these are the conditions to follow When we talk about the movement of an account with two holders, taking into account that it is an account that is divided equally and that each holder should only have half of the money, the other part corresponds to his partner.
It takes the necessary documentation indicated by the association, so that the bank allows both parties to withdraw money from their funds without any problem, both through the ATM and over the counter.
In the same way, both parties are allowed to leave the partnership if they want it, legally demonstrating that the other party does not comply with its functions and that therefore, the money is only the work of one person.
And with respect to legal procedures, if one of the two parties becomes bank debtorit is that part that should answer for the objetivosbeing your money the one that will be authorized for payment, the other person is left out of this story and you cánido dispose of your money without any problem, always taking into account that only half of what is registered there corresponds to you.
In this way we have to understand the limits and freedoms of accounts with two holdersso that we do not have problems when handling this type of association.
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