Bank Accounts signatory
My wife and I are closing in on 78 years old. We have a trust agreement and wills. Should our children also have signature access to our bank accounts?
Terry Says
If your bank accounts are in your name — and not in the name of your Revocable Living Trust — then it might be a good idea to add an adult child as a signatory.
Larger accounts should be held in the name of the trust — and your successor trustee who you named, can act if you are incapacitated. Or after your death.
