My Verizon Account? e.g. all lines sharing from one account? Or are you referring to Apple Family Sharing where all family members would be tied to one Apple Account in terms of purchases?
Tranfer of Service: http://www.verizonwireless.com/support/transfer-your-service-faqs/
Family Sharing: http://www.apple.com/icloud/family-sharing/
I have both setup. Family on one VZW account and Family Sharing. When my son asks to make a purchase it queues up to my wife and I to approve.
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