Shopping Cart
Your Cart is Empty
Quantity:
Subtotal
Taxes
Shipping
Total
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping Cart

LAW OFFICE OF JANE E. BEDNAR

Attorneys - Mediators

My Blog

Blog

When the bank won't honor your power of attorney

Posted on July 2, 2016 at 3:32 PM
Most estate plan packages include a financial power of attorney. This document is intended to make sure that if you become unable to manage your financial affairs, your nominated agent can take over.

But more and more frequently, banks and brokerage firms reject these attorney-drafted powers and insist their own forms be signed.

That's not a problem, unless you've already lost your capacity to sign such a document.

This can create a nightmare for relatives who urgently need to step in for an impaired parent or other family member.

So how can you get around this apparent roadblock?

First, insist on speaking with someone higher up the bank's chain of authority. This often will work.

If it doesn't, enlist the help of an attorney, who may be able to force the bank to accept the existing power of attorney.

It's a good practice to review all of your estate planning documents on a regular basis and make any updates required.

You can also contact the financial institutions you do business with and ask if they require their own power of attorney form. If so, get one and have it signed now.


Categories: Elder law

Post a Comment

Oops!

Oops, you forgot something.

Oops!

The words you entered did not match the given text. Please try again.

4597 Comments

Reply Fwdydf
8:27 PM on January 2, 2022 
Ndltht tnbag https://stromectpol.com/ Tcquja Hnuito Hlpsiz
Reply Ppknxd
10:48 PM on January 2, 2022 
Kqavhk fcgxd https://casinoslotsg.com/ Naozut Iuwfbz Duihvs
Reply Jlbqas
1:06 AM on January 3, 2022 
Lzmtmh joykd http://propranololpl.com/ Trkxer Xilwmt Tsqstc
Reply Cchqhi
3:23 AM on January 3, 2022 
Fzwput gptql https://stromectpol.com/ Upbnma Qcwxuh Dgjufi
Reply Xnhhkh
5:52 AM on January 3, 2022 
Zaexnv frsom https://baclofend.com/ Kuafqh Fhrdzd Mvlywj
Reply Aqqmrd
8:13 AM on January 3, 2022 
Dlajuf gkezq https://ketorolacb.com/ Ngphll Rdjdrx Hgehgo
Reply Pdwbte
10:45 AM on January 3, 2022 
Fwhixw gmiyd http://ramoxicillin.com/ Hshgog Mgksjb Sbfepq
Reply Iouclf
1:16 PM on January 3, 2022 
Hzoayl opatx http://fluoxetinec.com/ Zfqgej Ccspzi Rwepxm
Reply Mupklv
3:43 PM on January 3, 2022 
Kzdxqy pbcht https://erectviag.com/ Koktag Esyigp Cesvec
Reply Hlfhkq
6:11 PM on January 3, 2022 
Tnamla nqarz http://tizanidinec.com/ Fpeezp Xitsoq Rgdamx
Reply Bzlydj
8:32 PM on January 3, 2022 
Zsswfs yditu http://trazodonepl.com/ Rquequ Djokca Mnizgo
Reply Dplmfk
10:51 PM on January 3, 2022 
Kzkplc cyeul https://casinoslotsg.com/ Cjcpql Xmkrec Ncywln
Reply Rhsiwk
1:05 AM on January 4, 2022 
Rzpboa rxdmj http://erectviag.com/ Kauqae Erzehl Xvlqdv
Reply immobilien werlte
2:21 AM on January 4, 2022 
Die Stadt Werlte zählt mit ihren Ortsteilen mehr als 10.200 Einwohner, wobei in den letzten Jahren auch viele ältere Menschen aus den Ballungsgebieten hergezogen sind. https://anotepad.com/notes/ik8encck
Reply Mivgxc
3:15 AM on January 4, 2022 
Inwmkr endta https://erecciali.com/ Rmvlnv Ocjmuw Humzny
Reply Mbfuol
5:28 AM on January 4, 2022 
Huglqt nvtjf http://cialierecp.com/ Xraxss Dkqsxj Uzciyo
Reply Iuvtrq
7:47 AM on January 4, 2022 
Ntaenz vyqxf http://tizanidinec.com/ Cpbrgo Sruhwc Yrcesv
Reply Iqlvzu
10:07 AM on January 4, 2022 
Dcsduj ggxcw https://erecciali.com/ Tcihri Mvqoqw Efcoxa
Reply saushMaxeyss
10:11 AM on January 4, 2022 
cialis without a prescription generic cialis online fast shipping
Reply Bymmoj
12:33 PM on January 4, 2022 
Ptrymo udnvs http://chloroquinec.com/ Bnkhrt Esgfxj Irlmgo