Our family has nominated one of the siblings to add thier name to a parents bank account so that in the event of the parent needing medical care/nursning home care that we can access to funds.
My sister brought my mother to the bank and the teller filled out a handwritten note saying something along the lines of I xxxx give xxxx permission to access the account. My mother then signed the letter. This was Permanent TSB. I don't think they took a copy of my sisters signature or asked for identification. They said they didn't need proof of address bill payments etc.
Is that enough for us to enable us to get access to the funds should we need to do so? I thought it would be more formal to get this done, at the least some official form by the bank should have been filled in but the teller just wrote this handwritten note.
Our main concern is that we can provide private health care should my mother need it and rather then going the messy route of a joint bank account we simply want accesss to the funds should a situation arrise and my mother cannot/ unable get to the bank.
My sister brought my mother to the bank and the teller filled out a handwritten note saying something along the lines of I xxxx give xxxx permission to access the account. My mother then signed the letter. This was Permanent TSB. I don't think they took a copy of my sisters signature or asked for identification. They said they didn't need proof of address bill payments etc.
Is that enough for us to enable us to get access to the funds should we need to do so? I thought it would be more formal to get this done, at the least some official form by the bank should have been filled in but the teller just wrote this handwritten note.
Our main concern is that we can provide private health care should my mother need it and rather then going the messy route of a joint bank account we simply want accesss to the funds should a situation arrise and my mother cannot/ unable get to the bank.