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marybourg

(13,303 posts)

1. This is a common problem with

Reply to question everything (Original post)

Tue Dec 19, 2023, 06:13 PM

Dec 2023

financial institutions. Vanguard, especially, is notorious in this regard, ignoring even Pennsylvania State law. But it’s not very difficult to forge a simple document like a POA, or to continue to use one that has been rescinded by the principal. Most banks - and -Vanguard - want you to use their own forms, for your protection and theirs. A revocable trust is much more acceptable to financial institutions, but generally costs more.

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Why Did Financial Institutions Refuse to Honor Her Power of Attorney? - Jean Chatzky [View all] question everything Dec 2023 OP

This is a common problem with marybourg Dec 2023 #1