Multiple Q&A
Custodial Accounts for Grandchildren Dear Mr. Premack: A savings account is established in a credit union for my three granddaughters. My will states that the money is in a trust. I do not see how my executor can even have the power to handle this account if she is not listed on my account. I am confused about this, in case of my death how does the bank handle this matter? – LCA There are two answers. First: If the account “established… for my three granddaughters” is already