Hi,
My father is making a General Power of Attorney in the name of my mother. Can my mother withdraw money from bank account of my father?
Reply ASAP
yogesh (055) 07 March 2012
Hi,
My father is making a General Power of Attorney in the name of my mother. Can my mother withdraw money from bank account of my father?
Reply ASAP
Arun (None) 08 March 2012
Technically, she should be able to.
However, in my personal experience, some banks have given me a tough time with the format of the general POA. Some banks even have their own formats for the POA specific for the purpose of operating accounts. Consult with the bank.
Rajesh Hazra (Mediator and Legal Counsel ) 08 March 2012
You need a Specific Power Of Attorney for Bank Purpose.
Bharatkumar (ADVOCATE ) 09 March 2012
U read a Power of Attorney and see the all condition otherwise u make a specific power of attorney for bank purpose and u write your Bank A/C No., Bank Name, Branch Name, limitation of withdraw money from bank etc.... AND give one copy of PoA at bank then u withdraw money from bank.
scott321 (Full Service Metro Detroit Lawyers that that focus on Criminal Law Divorce Law Personal Injury and more.) 14 March 2012
A. Gives them unlimited authority
B. Gives them limited authority
C. A and B
D. Must be filed with the county clerk