Tag Archive | dpoa
Banks make it difficult to step in, and step out as Power of Attorney.
Why a Durable Power of Attorney, Healthcare Directives, and a Trust where the 3 most important documents to this caregiver.
Nearly a quarter of adults between 45 and 64 are caregivers. What should you do so that someone could help you when you need it?
Last Friday I posted Will Wells Fargo Accept Your Power of Attorney? Most people are shocked to hear that many banks will freely, but politely, decline to accept a durable power of attorney (DPOA). This is not the first financial services firm to say no. Three years ago Fidelity told me they would not accept […]
As I began to use the Durable Power of Attorney (DPOA) several years ago, I found out that many banks don’t like them. They would prefer you use the one they supply that doesn’t give you control over when it goes into effect or a way to dictate specific wishes. If and when you need […]
Many of us who are caregivers, are also managing finances and bill payments. I was the child who lived the closest to Mom and Dad when their health started to fail, and although my siblings wanted to help, they were separated by too many miles to realistically play an active role in paying our parents’ […]