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POF.. joint Investment account dilemma... Plz help urgently

rafzy

Champion Member
Jan 31, 2015
2,676
495
Guys,

I have a joint investment account with my father wirth of around 40k $.

I want to present this account as my POF. My questions in this regard are as follows,

1. Can i present this as my POF ?

2. My father is prepared to write a letter/declaration that i can encash and use these funds for immigration file processing and later for settling in canada. Is this statement acceptable in my case ?

3. If YEs, can someone please guide me what and how to write such statement ? (Just an outline will be enough for me )

4. Does my father has to write this statement on a plain white paper or should he write it on a paper attested by a notary ?

Your urgent replies will be highly appreciated.

Thanks and regards,
 

Asivad Anac

VIP Member
May 27, 2015
10,630
1,398
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rafzy said:
Guys,

I have a joint investment account with my father wirth of around 40k $.

I want to present this account as my POF. My questions in this regard are as follows,

1. Can i present this as my POF ?

Yes. Provided this is a savings account in a banking institution.

2. My father is prepared to write a letter/declaration that i can encash and use these funds for immigration file processing and later for settling in canada. Is this statement acceptable in my case ?

Yes.

3. If YEs, can someone please guide me what and how to write such statement ? (Just an outline will be enough for me )

Just write what you've written above, date it and get it signed by your father.

4. Does my father has to write this statement on a plain white paper or should he write it on a paper attested by a notary ?

Notarization not required. Submit this signed self-declaration along with bank letter.

Your urgent replies will be highly appreciated.

Thanks and regards,