I have a joint account with my husband here in the DR. Most of my financial assets are in Canada.
What happens if one of us dies.
Is the account frozen until the estate is settled?
Does it depend on bank policy?
Is this a case of what the bank does not know doesn't matter?
Can the spouse continue to wire money from the canadian account into the joint account?
Not planning on dying, just planning ;-)
What happens if one of us dies.
Is the account frozen until the estate is settled?
Does it depend on bank policy?
Is this a case of what the bank does not know doesn't matter?
Can the spouse continue to wire money from the canadian account into the joint account?
Not planning on dying, just planning ;-)