Answer:
This has "Danger" written all over it. There is too much opportunity for abuse.
If he is mentally disabled, can he even contract for an account in the first place? Assuming not, someone who is trusted needs to manage an account that is for his benefit. Is there any problem with benefit checks going into this account? Who should sign on it as a custodian? I wouldn't believe it should be the care givers.
Consult counsel.
First published on BankersOnline.com 7/1/02