Wednesday, May 8, 2019 2:30 PM - 3:30 PM
Vice President & Regional Fiduciary Executive
OSBA Board Certied Specialist in Estate Planning, Trust and Probate Law
FIRTH THIRD BANK
When an Agent under a Power of Attorney document with-draws funds owned by the Principal, frustrated family members often look to the financial institution to reimburse the funds. Do you know when your financial institution might be liable for recovery of the funds? Can you determine whether a POA Agent holds the authority to withdraw funds under the following circumstances?
How do state laws vary regarding the authority of POA Agents? These issues and others will be explored.