My future wife has had a joint checking account with her son since before he went to college. Now he has graduated and has a job. For the sake of simplicity, I want to suggest she close the account and let junior track his own money (which he is capable of doing), but I can't think of a specific legal or technical reason by which to convince her. She says it's good to have two names on every account in case somebody gets run over by a bus. Her son is trustworthy, too, but I just think there must be some pitfalls that I don't even know about. Are there any?
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