answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Can a person with poa withdraw all the money from annunities for nursing home care?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you withdraw some money from your account?

A person who is a bonafide customer in the bank can withdraw the money from his/her account within his/her clear balance available in the account.


How much money can a person typically withdraw from an account?

You can withdraw any amount you wish from your account but if you want to withdraw from an ATM there is normally a daily limit in the amount that you can withdraw that depends on each bank.


Can you withdraw money if you have a negative balance?

Some ATM's will let you withdraw money even when you are overdrawn. however if you go to a teller then you will not be able to withdraw any money.


If you have a joint bank account and one person dies is the money taxable as income?

No, the money isn't taxed because it is already in the hands of the people on the account. As a person on the account you only need to withdraw the money.


What is the Bank employee who help customers deposit or withdraw money?

The person at the window of the bank is called the bank teller.


How can i withdraw my money from my safeway credit union account?

Go to the credit union and tell them that you want to withdraw money.


I want to withdraw the recurring deposit money before maturity?

It is difficult to withdraw a recurring deposit before its maturity. Banks will typically make a person wait one year before withdrawal.


Can a law firm withdraw money from a person's account without their permission?

No. Nobody can do that unless they have a cheque signed by the account holder.


What is a sum of money from which a person may withdraw called?

It is called Deposit


Who pays nursing home when you die?

Normally any debts a person has when they die (such as outstanding fees to a nursing home) are paid out of the estate of the deceased person. If there is not enough money in the estate to meet all the debts then the people owed money get only a share of what there is. Relatives do not have to make up the difference unless THEY told the nursing home THEY would pay the nursing home costs (and signed a contract to this effect).


Can a social security card be used to withdraw money?

No, you cannot use a social security card to withdraw money. A social security card may be useful if you want to open a bank account, though, and you can withdraw money from that.


Can you withdraw money anytime from your reccuring account?

No. Recurring Deposits have a maturity date and you can withdraw the money only after the deposit matures. If you want to withdraw the money before maturity date, the bank will charge you a penalty for doing so.