<p>Is this all ours for the sake of FAFSA, or is half of it Grandma's? The SSN on the account is Happydad's. My name isn't on the account at all.</p>
<p>Whose money is it really? If it is Grandma’s money and you can put her SS# on it, then it can be 100% hers, if it is your DHs money, then it is all yours.</p>
<p>It’s our money going in, and it is supposed to be her money going out, but she has only used it to pay her car insurance so far. We put it there so she has ready cash for any big surprise expense such as a major car repair or rent money if/when she stops working. She wanted Happydad’s SSN on the account in case she moves into an assisted living situation someday. Which, come to think of it, would make it our money (at least on paper).</p>
<p>Thanks for helping me think this through!</p>
<p>I’m glad you asked this question. I (the parent) have a joint account with my dad. However, my name was added in the event that he is too ill to take care of his finances. He was in the hospital a lot last year so I paid his bills for him from the account. However, my parents are separated and if he dies, my mom gets all the money; that’s the way it’s written in their will. So, when my son goes to fill in his FAFSA next year, I had not planned on him including any of the information because it’s not mine. Is that the right thing to do?</p>