My mother was appointed a guardian last year. My mother had a bank account with a pretty good sum of money. This account had beneficiaries. When guardian opened a new account she did not list any beneficiaries. In addition, she plans on selling the house which had an enhanced life estate deed. This deed essentially had both adult children as beneficiaries to the house. Now I have also learned that the proceeds of the house will go into an account without beneficiaries. Is this a common practice?