Wendy Williams' Bank Believes She Is 'Incapacitated' And Needs A 'Guardianship'

Wendy Williams' bank believes she is in such a bad place, calling her an "incapacitated person" who needs a personal "guardianship" to monitor her finances.

According to new legal documents, Wells Fargo sent a letter to a New York County judge requesting a hearing to determine whether William needs someone to legally take care of her financial affairs. As you know, Wendy has been battling medical issues in the past few months and has been absent from her daytime television show.

In the letter, an attorney for the bank states, "We are concerned about [Wendys'] situation, It is our hope that the Guardianship Part [of the courts] will immediately appoint a temporary guardian or evaluator to review the situation and ensure that [Wendys'] affairs are being properly handled."

Details of the "incapacitation" are not included in the recent reports, but it appears part of the case might be kept confidential and sealed. The lawyer did request to keep the entire proceedings "under seal" to "preserve the confidential nature" of Williams' personal and medical matters.

Earlier in the week, Wendy's own former financial adviser, Lori Schiller, reportedly alleged 'The Wendy Willams Show' host was of "unsound mind." Plus, the Wells Fargo attorney claims Lori had "recently witnessed signs of exploitation, including [Wendys’] own expressed apprehensions" about the people who are in her life. He added, "other independent third parties who know [Wendys] well...share these concerns."

Adding, in a separate letter that the bank has "a strong reason to believe" Wendy is "the victim of undue influence and financial exploitation."

The talk show host's attorney filed an emergency petition last Friday, claiming Wells Fargo had "for more than two weeks" denied her access to her own "financial accounts, assets and statements" following the allegations from her financial advisor. In a response to the letter, Wendy's legal team says she "denies that she is a victim of undue influence and financial exploitation."

Plus, Wendy's team is asking that Wells Fargo be stopped from "freezing her accounts and interfering with her right to access her financial assets and statements."

"I have submitted multiple written requests to Wells Fargo and I have visited various Wells Fargo branches in the South Florida area in an effort to resolve this matter outside of the courtroom. I have defaulted and I am at risk of defaulting on several billing and financial obligations, including, but not limited to, mortgage payments and employee payroll," Wendy wrote.

Again, it's unclear what financial transactions or persons are behind the transactions is causing concern for Wendy's former financial advisor who made the accusations. What's clear is that the entertainer has several million dollars in the accounts and wants access to the money.

As we reported, Wendy is currently dealing with a host of issues including suffering from Graves disease. The talk show host was reportedly taken from her home for a physiatric evaluation after someone called authorities from inside her New York apartment.

The shocking news comes on the heels of an announcement that Sherri Shepherd is being tapped to be a long-term host of the talk show going forward.