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How much money can you withdraw and put in a funeral fund when your elder is in a nursing home?
Wiki User
∙ 16y ago
You should be Power of Attorney for this elderly person. This gives you the right to pay bills at the nursing home, any care for the elderly person, etc. If you have the power to do so, then take into consideration the request of the elderly person in their Will what type of funeral they wish. Funerals can cost up to $18 - $20,000 easily if one allows a Funeral Director to talk them into a very expensive casket with all the extras. A moderate funeral would be suitable. Some people prefer cremation and a Memorial Service is set up. It would be wise to seek advice from the banking institution where the accounts are and ask their opinion. You could put say $12,000 into an interest bearing account.
Wiki User
∙ 16y ago
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Who can withdraw money out of a savings account?
The one who is elder then you if you are in underage, or if you aren't so then you can withdram
Can you withdraw money if you have a negative balance?
Some ATM's will let you withdraw money even when you are overdrawn. however if you go to a teller then you will not be able to withdraw any money.
How can i withdraw my money from my safeway credit union account?
Go to the credit union and tell them that you want to withdraw money.
Can a social security card be used to withdraw money?
No, you cannot use a social security card to withdraw money. A social security card may be useful if you want to open a bank account, though, and you can withdraw money from that.
Can you withdraw money anytime from your reccuring account?
No. Recurring Deposits have a maturity date and you can withdraw the money only after the deposit matures. If you want to withdraw the money before maturity date, the bank will charge you a penalty for doing so.
Is it possible to withdraw money from passbooks in any BPI banks now?
You can't withdraw money from any BPI branch... You can only withdraw from the BPI branch where you opened your Passbook account.
Is it possible to withdraw money from passbooks in any metro bank branches?
is it possible to withdraw money from passbook in any metrobank branch
How do you withdraw some money from your account?
A person who is a bonafide customer in the bank can withdraw the money from his/her account within his/her clear balance available in the account.
How often can you withdraw your money?
As often as you want, depending on how much money you have.
Can I withdraw money from an ATM with just my PIN?
No
Can you withdraw money in Northern Ireland?
Yes.
How to withdraw money from this site?
Nobody knows
