ncbill
Thinks s/he gets paid by the post
Yes. But. The grantor still has the authority to transact as well. The institution has no visibility to the fact that they can't handle their affairs. And the definition of "becomes clear they can't" is unclear... unless they are naked in the front yard howling at the moon everybody seems to think they're not that bad... the phrase I constantly heard was "they're still making decisions, they are just bad decisions".
Assuming they're still getting their mail.
To be fair mom never used a computer & the nature of her illness caused her to become very passive, so she really didn't notice that I diverted all the critical stuff to myself.
And as co-trustee I didn't have to jump through any hoops to take over her affairs once it was clear she could no longer handle them.
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