Troubled by POA Abuse? Hear the outrageous stories we never saw coming, as well as what to do when they’re happening to you. You aren’t alone anymore.
Power of Attorney: Can My Bank Insist I Use Their Form?
You walk into the bank with your lawyer-drafted Power of Attorney form and ask to see Aunt Milly’s bank statements.
“I’m sorry; this isn’t a BIG BAD BANK form. Here at BIG BAD BANK, we have our own forms which are practically perfect. You have to use one of our forms.
“But my attorney drafted this. I paid good money for it!”
“But here at BIG BAD BANK, we’re looking out for the little guy. We know what the form is supposed to look like. Sorry.”
That conversation has been the norm for many years in Pennsylvania. And, in BIG BAD BANK’S defense, there […]