Legal Question in Banking Law in Georgia

POA and joint bank accounts

my father is still living, but has given my brother POA, my dad and I share a joint bank account; can my brother withdrawl all funds in this joint account as POA without my knowledge (state is georgia)

Asked on 7/11/09, 4:45 pm

1 Answer from Attorneys

Scott Riddle Law Office of Scott B. Riddle, LLC

Re: POA and joint bank accounts

Possibly. The bank is not going to (and should not be expected to) keep up with whose funds are whose, or which party withdraws what, in a joint account.

Read more
Answered on 7/12/09, 8:39 am


Related Questions & Answers

More Banking Law questions and answers in Georgia