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  Home >> Special Situations >>Incapacitated Individuals  
Ownership of CDs for Incapacitated Individual

My father is 91 years old and has $100,000 in CDs. They are coming up for renewal, and to protect this money in case he needs assisted living, how should the ownership of the CDs be listed?


You've posed a legal question that ought to be directed to an attorney familiar with your state's laws and regulations in the area of elder law.

Published on BankingQuestions.com 11/18/10