Subscribe to RSSCaregivers’ Legal Stuff: Bank Accounts, Pension, Social Security
One of the first things we needed to do was establish a new bank account for Gladys and transfer her pension and social security to a bank in Georgia. I actually started the process before Nikki and Gladys left Philadelphia but even though I have Gladys’ Power of Attorney, we couldn’t finish the process until Gladys arrived.
Because Georgia and Florida seem to have lots of scams and fraud involving the elderly, the bank requires physical verification of the identify of the person and have them sign some paperwork. So when Gladys got here we went to the bank a few days later and completed the process with the bank.
The staff at Washington Mutual Bank did a wonderful job of making Gladys feel comfortable and like she had been a long time valued customer. Gladys signed the paperwork and then we ordered new checks and finished all of the little details for banking.
We also had to take forms for the bank to fill out verify that they had met Gladys and that she had opened an account there. These forms were to have her pension checks sent to Georgia. The last bit of paperwork is for Social Security. That one is still in process. I have no idea how long it will take.
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