Port Charlotte, FL asked in Banking and Social Security for Michigan

Q: My sister lives in Michigan, collects social security disability due to bipolar issue. Can she open a banking account?

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1 Lawyer Answer

A: Yes, of course your sister can open a bank account--with one important caveat: If your sister intends to put lots of money into a bank account--or in any other kind of financial account--she may be at risk of having to explain where she is getting the money.

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