mom, aged 79 wants to consolidate ALL monies into one accessible account, most of which are investments that are fully matured. She is retired, no longer wants to INVEST the money, and just wants it safe. Financial advisor wants to move to one bank but wants to invest it similarly. She does not want investments, does not want to worry about the money anymore, wants it safe, and preferably in child's name vs her own. it is too stressful (approx 600,000 total). Child already on regular bank's savings/checking account, and is handling her finances daily with her instruction. She is not senile or nor does she have dementia. Child is power of attorney with full power and is doing all mom asks. If she wants all accounts in child's name, is that advisable? Child is beneficiary as well. If she wants a single account with all these extra funds, will a bank allow her to do this and will it be FDIC insured once transferred?