July 9th, 2008 by Questions
I have a savings account for my 2 year old daughter that has my name and hers on it, will that be touched if I file bankruptcy?
Posted from: New Brunswick
July 10, 2008 at 6:18 am, A licensed trustee said:
Your daughter’s account should not be affected, but to be safe, I would arrange for the name on the account to be changed to “Parent in trust for daughter” (inserting your name for parent and your daughter’s for daughter).
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