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Eldercare
Reply to "Tips for making aging easier"
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[quote=Anonymous][quote=Anonymous]Get your name added to your mom's checking account. You'll need want access to funds if she becomes unable to manage bills, or when closing out accounts (things like credit cards) after she dies.[/quote] Even if your name is on the account, after she dies the bank will first freeze and then close the account even if your name is on it. Then the estate has to apply to get the money. If you do this you’d better quickly transfer the money to one of your own accounts (owned just by you) if you need the money for funeral expenses etc.[/quote]
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