Legal Question in Wills and Trusts in Colorado

Can a person with power of attorney empty a payable upon death bank account made out to another family memeber of the account holder in boulder colorado?


Asked on 1/23/14, 8:01 am

1 Answer from Attorneys
Bernard Greenberg KOKISH & GOLDMANIS, P.C.

The agent designated by a Power of Attorney has authority to deal with the principal's assets. The question that would be relevant is what the agent is doing with the proceeds of the account. For further assistance, contact an attorney specializing in these issues.

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Answered on 1/23/14, 8:07 am


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