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#2248495 - 02/01/21 07:09 PM Information requested by AIF after death
Banker*23 Offline
New Poster
Joined: Aug 2018
Posts: 11
We know that he POA ceases at death, however, we have a request from AIF who is requesting bank statements during the time period in which the Principal was alive. We had not previously accepted this POA and it is just now being presented after death. My thoughts are regardless of what the AIF is requesting the authority ceased upon death and that they need to coordinate with the executor who now has the authority on the account. Giving out information could put the bank in bad spot. Thoughts?
Last edited by Banker*23; 02/01/21 07:10 PM.
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General Discussion
#2248496 - 02/01/21 07:16 PM Re: Information requested by AIF after death Banker*23
rlcarey Offline
10K Club
Joined: Jul 2001
Posts: 75,540
Galveston, TX
Totally agree. The POA is extinguished at the time of death of the principal. They need to get with the executor.
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#2248515 - 02/01/21 11:23 PM Re: Information requested by AIF after death Banker*23
RockChucker, CAMS Offline
Diamond Poster
Joined: Jul 2013
Posts: 1,526
The Country
I agree with Randy. You are being presented with an invalid document.
A successful man is one who can lay a firm foundation with the bricks others have thrown at him.
-David Brinkley

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