I am not sure. Interest income is reported on her taxes, not mine, if that is any indication.
I think that this is a very good idea and I plan to do that. Thank you.
Her will has given all of her assets to the Trustee (Olivia, while alive, then Marge). Does this mean that the Trustee would...
In brief: I am Power of Attorney and named on two joint bank accounts of an elderly lady with dementia. Does my status as joint account holder take precedence over the provisions of her Trust, once she dies, so that I can send some money to her relatives whom I believe were overlooked when she...