Question - and i live in Texas

[txgirl212]

My daughter, sister and mother all have me listed on their checking/savings accounts. They listed me so their accounts so that if anything ever happend to them i have access. I have NEVER put any money in these accounts. I am thinking of filing for bankruptcy at some time...getting calls from collection calls...i am worried that when i file for bankruptcy or if a creditor sues they will freeze my daughter, sisters and mothers account. Can this be done? They don't know my situation. Has anyone ever had this happen?

[keepmine]

It sure could happen. You need to have them take you off those accounts.

[woeisme]

Definitely get your name off the accounts. If you're very concerned about not being able to access their accounts in an emergency, a limited business power of attorney would serve the same purpose and not expose their accounts to your creditors. My husband and I had these papers drawn up at the same time we got our wills and living wills done. It allows him to run to the bank for me and make a deposit into my account for me if needed. You need to have implicit trust with someone to give them business (or medical) power of attorney to act in your behalf though.