actually, that would really depend on the family.
Posted by
Andie
Jul 26 '12, 07:31
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Dave and his brother have done pretty much the exact same thing with his mother's accounts (they both are POAs) - she wanted to leave everything sitting in a bank, making nothing, and they moved a big chunk to a GIC. They didn't tell another sibling who does nothing but sponge money off their mother. They didn't actually want him to know how much is there.
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