Read the situation and determine the type of account ownership and the documents required to open the account.

Bill and Jean Atkinson are both 49 years old. They married last Friday in the Los Angeles County courthouse. As practicing lawyers, they knew the judge, and some of their close friends and adult children attended the ceremony. In fact, the judge advised them about the prenuptial agreement, which they filed. That was a month ago. Today they are busy setting up their home. They go to their bank and begin the process of opening up a deposit account for household expenses (each has an individual checking account). They explain to their banker that they want an account where both signatures are required to make a transaction valid.