2006-10-01 05:13:05 · 4 answers · asked by abespat 2 in Business & Finance ➔ Personal Finance
Normally a power of attorney allows you to sign checks and conduct other business on behalf of your Mom WITHOUT HER PARTICIPATION OR SIGNATURE.
It would not serve the purpose of a Power of Attorney if she had an account that required both signatures.
In order to exercise your Power of Attorney you will need to provide affected businesses/Banks a copy of your Power of Attorney so they have a record of you authorization to conduct your Mom's business.
2006-10-01 07:46:44 · answer #1 · answered by kayak 4 · 0⤊ 0⤋
No, not normally.
If her checking account requires two signatures, then perhaps. You can check with the bank. If depositing, she can endorse them with "for deposit only' and they'll be accepted.
2006-10-01 05:19:01 · answer #2 · answered by KrissyD 1 · 0⤊ 0⤋
Yes, Initial POA and then your name
2006-10-01 05:14:48 · answer #3 · answered by bdat40oz 2 · 0⤊ 1⤋
No, you don't.
2006-10-01 05:15:13 · answer #4 · answered by Bostonian In MO 7 · 1⤊ 0⤋