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Infolawyer
Infolawyer, Attorney
Category: Estate Law
Satisfied Customers: 54299
Experience:  Licensed attorney helping individuals and businesses.
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To all, My mother is 89 years old and has set aside a

Customer Question

To all,
My mother is 89 years old and has set aside a certificate of deposit (in my name) payable upon her death for me and my wife.
In the event she has to go into a full time care facility would that full time care facility get the certificate of deposit funds as well even if it is my name?
Submitted: 7 months ago.
Category: Estate Law
Expert:  Infolawyer replied 7 months ago.

The facility would only seek access to it if learns of it, and sizable amount, and still in her name.

Better if she transfers out of her name and places in a trust for your benefit.

Expert:  Infolawyer replied 7 months ago.

Kindly rate me positively, and feel free to follow up.

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