Comment on Maryland Power of Attorney – Part 2 by Adam Roa

Adam Roa — Tue, 27 Jul 2010 21:20:05 +0000

At present, a financial power of attorney holder cannot force a bank to honor a power of attorney. There are a variety of reasons why a bank may not honor a power of attorney (i.e. it is too old, does not contain a notary seal, does not specifically address the account at issue, etc.). All of these are not valid reasons to dishonor a financial power of attorney. My guess is that your father may be eligible for Medicare (if he has more than 3 nights in the hospital) and you may have some breathing room from immediate payment obligations to the nursing home. Give our office a call. The worst case scenario is seeking court authorization to access this account. However, before taking that drastic step, I would like the opportunity to review the power of attorney and the situation in its entirety and have our office give the Bank of America legal counsel a call.

Comment on Maryland Power of Attorney – Part 2 by jeanne

jeanne — Tue, 27 Jul 2010 12:24:02 +0000

I have POA for my father who is in the hospital now and is going into a nursing home. Bank of America will not honor this POA. I’ve been able to sell his car and other property, cancel his insurance etc., the POA was good enough for that. I need to pay his present bills and the fees for the nursing home. What laws in the state of Maryland govern this issue?
Thank you for your help

Comments for Law Office of Adam J. Roa, P.C.

Comment on Maryland Power of Attorney – Part 2 by Adam Roa

Comment on Maryland Power of Attorney – Part 2 by jeanne