Thursday, September 16, 2010

Can a minor (Under 18) be held liable for a joint checking account overdrawn by a parent that is now deceased?

I know it's a sticky situation, but I was hoping someone out there might be able to offer up some answers. I am thinking that they shouldn't be liable since they're not able to legally enter into a contract, but I don't know what the exact law is as it pertains to banking.