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Yes but the bank will request a copy of the POA.
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∙ 13y ago
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Can a Power of Attorney have their name put on checking accounts upon wishes of the persom they are the Power of Attorney for?
It may be up to the discretion of the bank as to whther they will allow that or not. At the very least you will have to present them with a copy of the Power of Attorney paperwork, and they may even request a copy of it for their files.
Who can ask for bank statement of deseased?
The executor of an estate as appointed by the decedent's will and approved by the Probate Court can request bank statements of a deceased person. An individual who jointly owns the account with the deceased can also request bank statements.
Can you demand to see parent's bank statements if you are not power of attorney?
Of course not! They are confidential records and none of your business. If they have passed on and this is the estate, then a full accounting of the assets have to be filed with the court. If someone else is their power of attorney or guardian, you could petition the court to have them removed.
Your brother was awarded power of attorney of your dads estate He refuses to discuss any financial issues with your sister and you what is the money being spent on can we see bank statements?
Power of attorney does not apply to an estate. If he is executor, he is not required to share information with anyone but the court.
Can power of attorney cash draw my sister's bank account?
An attorney-in-fact under a Power of Attorney has complete access to the principal's assets including bank accounts.
What is it called when a bank has power of attorney over a will?
The bank is serving as executor. They will have a letter of authorization from the bank.
What happens if you take money out of deceased dads bank account without power of attorney?
A power of attorney represents a living person, so any power of attorney is no longer valid. They would have to be on the bank account or the executor to legally take the money out.
Do you have the legal right to request past billing statements?
if you are talking about bank--checking, loans, credit card statements or utilities- the answer is yes. Fair credit reporting??
is a power of attorney for a parent filed anywhere other then with the power of attorney?
It will typically have to be filed with each third party they are working with. Without a copy of the power of attorney, a bank will not recognize the rights.
If there is two names on a CD account at the bank and one dies can power of attorney take the money out?
If the power of attorney represents the deceased, no, they cannot. A power of attorney expires on the death of the grantor.
Can a power of attorney and proprietor both operate an current account?
Yes. Both the owner/proprietor of a bank account and the person to whom they have given power of attorney can operate a bank account. Actually a person with power of attorney is as good as the person (in legal terms) itself and so they both can operate the bank account without any issue.
Can a POA stop a person from taking money out of the bank?
The Power of Attorney does not have the ability to stop the individual that granted the POA to them. They have the rights granted in the power of attorney.
