Pay for edith health care and other expenses

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Reference no: EM131850442

Read the situation and determine the type of account ownership and the documents required to open the account.

Edith, a widow, is 90 years old. She has poor eyesight, arthritis makes it difficult to use her hands, and she has trouble remembering recent events, such as whether she deposited her Social Security check. Edith has no immediate family, so her niece, Sally, has taken the necessary step of obtaining a court decree to make her aunt her ward and assume her financial affairs. Today she is at Edith's bank and will set up a deposit account so she can write checks to pay for Edith's health care and other expenses.

Reference no: EM131850442

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