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Started By
Message
Power of Attorney
Posted on 2/26/24 at 11:02 am
Posted on 2/26/24 at 11:02 am
Daughter and SIL are legally separated. Both have opened separate bank accounts. I’m assuming each has power of attorney over the other until divorce is final for medical and financial purposes. That being said, would it be smart for my daughter to have either her mother or father have power of attorney and be listed as a co-owner of her checking and savings account so we have access to her accounts in case she’s not able to?
This post was edited on 2/26/24 at 11:03 am
15
Posted on 2/26/24 at 11:03 am to tigger4ever
Tommy Tanks will hit a homerun next at bat in support of your ability to post on the correct board.
Posted on 2/26/24 at 11:03 am to tigger4ever
Pic?
Posted on 2/26/24 at 11:05 am to tigger4ever
I’m not an attorney but I can advise you that you’ve come to the correct place.
Posted on 2/26/24 at 11:06 am to tigger4ever
Why don’t you go talk to an attorney?
Posted on 2/26/24 at 11:07 am to tigger4ever
If Will Wade is your son-in-law, he’ll steal everything that’s not nailed down.
Posted on 2/26/24 at 11:10 am to tigger4ever
You should probably ask the board whose primary discourse is about money, let me think if I can remember the name of it...
Posted on 2/26/24 at 11:13 am to tigger4ever
Ask SFP about the power of an attorney.
Posted on 2/26/24 at 11:13 am to tigger4ever
You SIL Brian Kelly?
Posted on 2/26/24 at 11:16 am to tigger4ever
quote:
power of attorney
This is meaningless Next to the power to destroy entire planets with one blast!
Posted on 2/26/24 at 11:18 am to NorthshoreTiger76
quote:
Why don’t you go talk to an attorney?
Because people prefer to pretend as though what we do is easy while simultaneously being both terrified they will do something wrong and unwilling to pay us for our time “because it takes five minutes to answer my question”, ignoring the dozens/hundreds of hours of work that went into knowing the answer in the first place.
Posted on 2/26/24 at 11:22 am to tigger4ever
Sorry to hear the unfortunate news. Instead of paying an attorney, why don’t you speak to your local bank about this as they probably get this question somewhat often.
Posted on 2/26/24 at 11:30 am to tigger4ever
1. Get all money out of bank and hide under mattress.
2. Tell divorce attorney's you are "broke as a joke" and demand ex-spouse pay you lots of $$$$.
3. Don't get caught. Profit.
2. Tell divorce attorney's you are "broke as a joke" and demand ex-spouse pay you lots of $$$$.
3. Don't get caught. Profit.
Posted on 2/26/24 at 11:30 am to tigger4ever
quote:
SIL
Sister in Law?
Posted on 2/26/24 at 11:44 am to tigger4ever
quote:Your daughter was married to you SIL?
Daughter and SIL are legally separated. Both have opened separate bank accounts
Posted on 2/26/24 at 11:48 am to tigger4ever
quote:
I’m assuming each has power of attorney over the other until divorce is final for medical and financial purposes.
You probably shouldn't assume, but speak with your daughter about this and what she would prefer regarding who might be in charge of her finances and make medical decisions on her behalf.
Posted on 2/26/24 at 12:52 pm to tigger4ever
If she has filed for and been granted legal separation, I would assume that she has an attorney. I would expect a good attorney to request she revoke her power of attorney and expect to receive the same from her former spouse.
Her bank account should be able to be signed onto by her parents simply by going to the bank and signing the paperwork with her present. Something to consider would be whether the assets in her checking and savings will be actually awarded to her in full by the court at final declaration, if not, she could be liable to pay back the portion that was granted to her former spouse.
Her bank account should be able to be signed onto by her parents simply by going to the bank and signing the paperwork with her present. Something to consider would be whether the assets in her checking and savings will be actually awarded to her in full by the court at final declaration, if not, she could be liable to pay back the portion that was granted to her former spouse.
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