Thinking About a Joint Bank Account with Mom? Think Again.


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As parents age, they may arrive at a point where they are not quite ready to give power of attorney to one of their children, yet they want their child to be involved in their finances. 

A logical solution would be to add the child as a joint owner to the parent's bank account.

This simple gesture could cause problems down the road. 

There are better solutions available that can prepare your for a family crisis.

Learn more about financial options as a parent ages here.