Many banks lack the legal staffing to understand powers of attorney, guardianship or conservatorship accounts and do not have time to educate employees at branch locations. Trust banks generally specialize in this type of account, so before the need arises and assuming you are the power of attorney, close an old bank account and open a new bank account with a trust bank who understands your needs today and in the future.

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About Pamela Wilson

PAMELA D. WILSON, MS, BS/BA, NCG, CSA helps caregivers and aging adults solve caregiving problems and manage caregiving needs through online programs, live support groups, and an extensive caregiving library that includes articles, podcasts, videos, and webinars.

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