Assets (cash) to show in who's name for affidavit of support?

[Thesmiths2016 117]

Hi

My husband (petitioner) and I (principal applicant) have a collection of savings for which we'll be declaring as "assets" for our Affidavit of Support.  Does it matter who's name they're all in?  Do I need to make sure all accounts show his name?  Or is it ok that some are in my account and some in his? And some in a joint account?

[PandO 21]

If I'm correct, you are the beneficiary.

 

If your accounts are joint, I don't see why they wouldn't accept that as assets on the AOS. It is important that the petitioners name be on those accounts though, so he can show that he somehow can support you when you do arrive. Where those assets came from - I don't think the NVC really cares, however they will want to see his ITR's to see where and how his current income situation is. There are minimums he will have to meet, and if he can not, regardless of asset I think he will need a co-sponsor.

[mallafri76 1,012]

What country are you in? I'm on my phone so can't see that.

 

We used pure assets to meet the financial requirements. All assets were in my name (beneficiary) and in my home country Sweden. Not an issue. The important thing is that you can show that the assets have been in your possession for at least a year and that they can be liquidated within a year, if need be. 

[Thesmiths2016 117]

4 hours ago, mallafri76 said:

What country are you in? I'm on my phone so can't see that.

 

We used pure assets to meet the financial requirements. All assets were in my name (beneficiary) and in my home country Sweden. Not an issue. The important thing is that you can show that the assets have been in your possession for at least a year and that they can be liquidated within a year, if need be. 

Hi, I'm in New Zealand.  Thanks for sharing your experience, glad to hear they accepted assets in your name.

 

7 hours ago, philliprccc said:

If I'm correct, you are the beneficiary.

 

If your accounts are joint, I don't see why they wouldn't accept that as assets on the AOS. It is important that the petitioners name be on those accounts though, so he can show that he somehow can support you when you do arrive. Where those assets came from - I don't think the NVC really cares, however they will want to see his ITR's to see where and how his current income situation is. There are minimums he will have to meet, and if he can not, regardless of asset I think he will need a co-sponsor.

Yes correct, I'm the beneficiary.  Our requirement is just over $75K (3 x the poverty line as its myself, hubby and our daughter), which we have as long as trump doesn't crash the economy on us with exchange rates!  Plus our car and some business equipment as a buffer which will sell before we move (therefore not causing hardship as it was never intended to go with us) and is in my name.