Legal Question in Wills and Trusts in Utah
The court has issued me �Letters of Guardianship and Conservatorship� for my Mother. I plan to set up a checking account in her name with a copy of the Letter. Can I set up the account with a Pay on Death (POD) listing me or someone else as the beneficiary? If possible, please cite the applicable Utah Code title-chapter-section.
Asked on 7/03/12, 3:58 am
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
The account you set up should be for the Estate of "mother" with yourself as signatory. You will not need to have a POD beneficiary because the account can be used for your mother through her death. You may want to list a trusted person as an alternate signature if you are not able to serve at some point in the future.
Answered on 7/03/12, 9:28 am
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
