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In this video, the speaker discusses the topic of whether you should have your children named as joint owners on your accounts. They argue that this is a bad idea for three main reasons: it's not necessary, it can create complications and risks in case of divorce, and it may lead to unintended consequences. Instead, the speaker recommends giving your children power of attorney if you want them to have access to your accounts. Watch their other video on the three most important documents you need for more information.
