AB Law Blog

The Document That Fails When You Need It Most

The Document That Fails When You Need It Most

This happens far more than it should. You signed a Power of Attorney (POA), named someone you trust, and filed it away with your important documents. You felt the quiet relief of having that handled. But here’s what most families don’t discover until they’re already in a crisis: a perfectly valid POA can be rejected by your bank, and there may be very little your family can do about it in the moment. What that means is that they would have to go to court to get access to your financial accounts, be able to pay your bills, and make financial decisions when you can’t…

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