If the bank has conservatorship over a mother. Can her adult children be listed on the CDS as POD? Or do the adult childrens

Attorney answers (2)

1. 

   Eliz C A Johnson

   Danville Estate Planning Attorney

   Contributor Level 17

   Answered May 27, 2011 16:40. I am not sure your terms are correct. Banks don't serve as Conservators over a person. Do you mean to say the bank is a Trustee of your Mother's estate?
   
   
   Use the AVVO.com web site to find an attorney in your area. In addition to that, contact your local bar association for referral to an attorney who specializes in this. Often, but not always, the attorney will do an initial consultation free of charge. You will then be in a better position to determine what to do next. Best of luck to you!

   If you liked this answer, click on the thumbs up! Thanks. Eliz. C. A. Johnson Post Office Box 8 Danville,... moreIf you liked this answer, click on the thumbs up! Thanks. Eliz. C. A. Johnson Post Office Box 8 Danville, California 94526-0008 Legal disclaimer: I do not practice law in any state but California. As such, any responses to posted inquiries, such as the one above, are limited to a general understanding of law in California and not to any other jurisdiction. In addition, no response to any posted inquiry should be deemed to constitute legal advice, nor to constitute the existence of an attorney/client or other contractual or fiduciary relationship, inasmuch as legal advice can only be provided in circumstances in which the attorney is able to ask questions of the person seeking legal advice and to thus gather appropriate information. less

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2. 

   Steven J. Fromm

   Philadelphia Estate Planning Attorney

   Contributor Level 20

   Answered May 29, 2011 10:55. As the prior attorney states, it may be that the bank is the trustee over such assets. If so then there may be some written trust agreement or your mom has a will that would be controlling. Your facts really need to be spelled out more. However, if the property is held in trust then its terms would control and children would not be listed as beneficiaries under a POD.
   
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   Mr. Fromm is licensed to practice law throughout the state of PA with offices in Philadelphia and Montgomery Counties. He is authorized to handle IRS matters throughout the United States. His phone number is 215-735-2336 or his email address is sjfpc@comcast.net , his website is www.sjfpc.com. and his blog is

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