_____ 5. Putting cash into a joint bank account is a gift to the joint tenant when deposited.

Name: _____ 5. Putting cash into a joint bank account is a gift to the joint tenant when deposited.
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Depositing cash into a joint bank account does not automatically constitute a gift to the joint tenant; the intention of the depositor and the terms of the account determine whether it is considered a gift.

_____ 5 Putting Cash into a Joint Bank Account Is a a Gift