Guest guest Posted February 4, 2008 Report Share Posted February 4, 2008 > I took Mom's POA to her bank so that I could sign checks for her, etc. Bank calls today and they don't want to accept our POA. They want it on " their form " . Now, as I explained to them, how legal would it be for us to have her sign that form when we've already told them she is incompetent? Aaaargh > I think we're going to have to see a lawyer. sigh...... I was hoping to avoid all that. > Gladys Gladys, you might try a different branch of the bank. I had trouble with one branch and no trouble at all at another. Donna Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 4, 2008 Report Share Posted February 4, 2008 Great suggestion, Donna! Thank you! Gladys -- Re: POA trouble > I took Mom's POA to her bank so that I could sign checks for her, etc. Bank calls today and they don't want to accept our POA. They want it on " their form " . Now, as I explained to them, how legal would it be for us to have her sign that form when we've already told them she is incompetent? Aaaargh > I think we're going to have to see a lawyer. sigh...... I was hoping to avoid all that. > Gladys Gladys, you might try a different branch of the bank. I had trouble with one branch and no trouble at all at another. Donna Welcome to LBDcaregivers. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 4, 2008 Report Share Posted February 4, 2008 Gladys, If you have the POA, you can fill out any form for your Mom and sign it for her. You have a POA and present it to them when you fill out their form! Sometimes it is more difficult to deal with SS. than the bank. SS wouldn't let me move my Mom's money without a lot of hassle. Hugs, Donna R Caregave for Mom (after I brought her from WI to MI) for 3 years and 4th year in a nh. She was almost 89 when she died in '02. No dx other than mine. Re: POA trouble > I took Mom's POA to her bank so that I could sign checks for her, etc. Bank calls today and they don't want to accept our POA. They want it on " their form " . Now, as I explained to them, how legal would it be for us to have her sign that form when we've already told them she is incompetent? Aaaargh > I think we're going to have to see a lawyer. sigh...... I was hoping to avoid all that. > Gladys Gladys, you might try a different branch of the bank. I had trouble with one branch and no trouble at all at another. Donna Welcome to LBDcaregivers. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 5, 2008 Report Share Posted February 5, 2008 Yeah ... that's right Donna... didn't think of this... the form they want you to fill out that has a spot for your LOs signature - that's where you sign YOUR name and in parenthesis write (POA) OR sign YOUR name and then write " agent for LO's NAME " ... And then the bank will make a copy of your POA paperwork as backup... But each bank is different, but certainly that sales rep. was misinformed to request your mom to actually sign their paperwork... You can sign their form for your mom w/ POA paperwork as backup... Sounds similar to my calls when trying to add my name to my mom's bills and they kept wanting my mom on the phone to allow my permission... That was a comical scene... of course I could have pretended I was my mom on the phone... but I'm too bloody honest for my own good and mom would get on the phone... aye aye aye... Here's a good link to read: http://tinyurl.com/3bqb8g > > Gladys, > > If you have the POA, you can fill out any form for your Mom and sign it for her. You have a POA and present it to them when you fill out their form! > > Sometimes it is more difficult to deal with SS. than the bank. SS wouldn't let me move my Mom's money without a lot of hassle. > > Hugs, > > Donna R > > Caregave for Mom (after I brought her from WI to MI) for 3 years and 4th year in a nh. > She was almost 89 when she died in '02. No dx other than mine. > > > Re: POA trouble > > > I took Mom's POA to her bank so that I could sign checks for her, > etc. Bank calls today and they don't want to accept our POA. They > want it on " their form " . Now, as I explained to them, how legal would > it be for us to have her sign that form when we've already told them > she is incompetent? Aaaargh > > > I think we're going to have to see a lawyer. sigh...... I was > hoping to avoid all that. > > > Gladys > > > Gladys, you might try a different branch of the bank. I had trouble > with one branch and no trouble at all at another. > > Donna > > > > Welcome to LBDcaregivers. > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 5, 2008 Report Share Posted February 5, 2008 I had a similar situation with one of my mother's ira accounts with merril lynch. They tried to get me to use their form. My poa specifically included stocks, bonds, etc., so, I sent them a letter with a copy of my poa and highlighted that portion. I told them that they were required to accept it because it was a legal document. I also told them that if I had to enter into the expense of an attorney, I would sue them to recoup it. Needless to say, there was no further problem. They had me sign some other forms. You're right of course, if a person is incompetent, they don't have the capacity to sign a new poa. Having said all that, each poa may be different. Make sure your poa is a durable poa and that it specifies banking, etc. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 5, 2008 Report Share Posted February 5, 2008 Gladys, I never moved Mom's money. I left it in her bank in WI. (I am in MI) If I needed to get money out or pay, I wrote a check. If I needed to deposit, I sent a check and a deposit slip. I just wasn't going to deal with SS after the first time I talked to them. And I had no need to do it. It was direct deposit SS to her WI bank so I rarely had put money in it anyway. Just thought I would tell you what I did. Hugs, Donna R Caregave for Mom (after I brought her from WI to MI) for 3 years and 4th year in a nh. She was almost 89 when she died in '02. No dx other than mine. Re: POA trouble > I took Mom's POA to her bank so that I could sign checks for her, etc. Bank calls today and they don't want to accept our POA. They want it on " their form " . Now, as I explained to them, how legal would it be for us to have her sign that form when we've already told them she is incompetent? Aaaargh > I think we're going to have to see a lawyer. sigh...... I was hoping to avoid all that. > Gladys Gladys, you might try a different branch of the bank. I had trouble with one branch and no trouble at all at another. Donna Welcome to LBDcaregivers. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 5, 2008 Report Share Posted February 5, 2008 Gladys, I thought about trying to move mom's direct deposit SS check from one bank to another, but worried about things that could go wrong, like getting her check frozen for a while. There are enough battles that we have with LEWY without fighting the ones that aren't necessary. I didn't much like the bank that mom received her direct deposit SS check. Rather than trying to jump through gov't hoops, I just left that bank account open. Using the POA, I opened a new account in a local bank that I liked, and used that new account for most of her expenses. My mother had some of her bills set up on auto debit from the first bank, so I don't recall having to write many checks on the unlikeable bank, or having to write checks to transfer those SS funds from bank to bank. Distance to the bank doesn't have to be a factor. My son in the military has been all over the world, and all the while, kept his checking and savings account in the same bank. He banks by mail and by internet. I don't think he has been physically in the bank building during the last 8 years. Dann Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 6, 2008 Report Share Posted February 6, 2008 Dann - sorry to confuse matters... I was referring to the bank's form, not the checks... > > > > Gladys, > > > > If you have the POA, you can fill out any form for your Mom and > sign it for her. You have a POA and present it to them when you fill > out their form! > > > > Sometimes it is more difficult to deal with SS. than the bank. SS > wouldn't let me move my Mom's money without a lot of hassle. > > > > Hugs, > > > > Donna R > > > > Caregave for Mom (after I brought her from WI to MI) for 3 years > and 4th year in a nh. > > She was almost 89 when she died in '02. No dx other than mine. > > > > > > Re: POA trouble > > > > > I took Mom's POA to her bank so that I could sign checks for her, > > etc. Bank calls today and they don't want to accept our POA. They > > want it on " their form " . Now, as I explained to them, how legal > would > > it be for us to have her sign that form when we've already told them > > she is incompetent? Aaaargh > > > > > I think we're going to have to see a lawyer. sigh...... I was > > hoping to avoid all that. > > > > > Gladys > > > > > > Gladys, you might try a different branch of the bank. I had trouble > > with one branch and no trouble at all at another. > > > > Donna > > > > > > > > Welcome to LBDcaregivers. > > > > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted February 6, 2008 Report Share Posted February 6, 2008 I chose not to deal with the bank as well. I have my MIL's ATM card, so take what's needed out that way. We don't write checks and her insurance is directly taken from the bank. Seemed so much easier than jumping through the hoops. lisa Engles SEIU-UHW Shop Steward ________________________________________________________________________________\ ____ Looking for last minute shopping deals? Find them fast with Yahoo! Search. http://tools.search.yahoo.com/newsearch/category.php?category=shopping Quote Link to comment Share on other sites More sharing options...
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