Adding your child as a joint-owner to your bank account may seem like a good idea as you start to require assistance managing your finances, but it may come with some unintended consequences. Most banks set up joint accounts with “right of survivorship” meaning that when a co-owner of the account dies, the other will automatically become the sole owner of the account. This could potentially cause a number of issues regarding the estate of the deceased. If you had planned to distribute everything to your kids equally, it may come as a surprise that the right of survivorship can