I'm not sure if the bank I'm dealing with is a total joke or if the title of Conservator is? They will NOT let me take over the joint account that is already set up, they want me to open separate accounts for each ward (they are married). They then told me there is nothing keeping the wards from opening up another account and having their direct deposits changed again. This makes no sense.....should I seek out another bank? Did going to court and being appointed conservator really gain me anything?
Every creditor has to see that court order, and every MD and hospital and SS and pension payer. You might want to own a fax machine, because I found myself saying " What is your fax number? I'll fax you the court order right now." more than once.
Maybe someone who has gone through this will answer here.
Also I'm surprised that the bank will not set up a separate singie checking account for the both of them, which you keep smallish (you transfer $ as needed from the primary account that you totally control) but has a debit card for each from the mini account. Does this banking group have an trust department? If so, the guys in that division will know how to get something set up as its alot like establishing a way for a minor or college student to get a debit card but without allowing them to clean out the account.
Conservatorship is quite character building, good luck & keep your sense of humor going.
I still have to find a way to give them an allowance for co-pays and eating out when the guardian runs them about town. And my court paperwork says everything has to be paid by check so I'm baffled.
I don't envy your task at all. Be sure to keep good records for your annual reports. Being conservator brings with it a lot of extra responsibility.
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