Should My Adult Children Be Joint Owners of My Bank Accounts in Ohio? Adding a child as a joint owner may avoid probate, but it can also create an immediate ownership interest, creditor exposure, loss of control, tax consequences, and family conflict. Less risky transfer tools may fit the same goal. Estate-planning decisions affect control during life, the transfer of property at death, taxes, probate, and the people who may need to act during a crisis. A document that works in one family can create conflict in another because assets, beneficiary ages, marriages, debts, and ownership arrangements differ. This guide explains the general Ohio framework in plain language and identifies…