Legal Question in Banking Law in California
Power of Attorney
If my wife has POA over a bank account with large sums of money. Can I as her husband remove any of that money?
Asked on 5/25/09, 10:25 pm
1 Answer from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
Re: Power of Attorney
In your dreams. Even if you were named in the POA, and why do I suspect there's a reason why you're not, you'd be legally bound to safeguard the money for the benefit of the owner of the account.
Answered on 5/25/09, 11:40 pm
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