Mary and her daughter, Nancy, were very close. Mary was still able to make all of her financial decisions, and paid all of her bills on time each month. Keeping a high bank balance gave Mary comfort that she would be able to access money whenever she needed it. She was worried that she might “lose it” at some point, so she asked Nancy to become a signer on her bank account. She and Nancy became joint owners of Mary’s bank account, although Nancy acknowledged that her mother was the real owner of that money.
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