Answer:
There is no way to answer your question without reading the POA. The term "durable" does not indicate anything specific regarding the content of a POA except for the fact that it says it will remain in effect even if the principal is incapacitated.
The issue here is does the attorney-in-fact have the power to establish accounts with POD beneficiaries. Generally, the answer would be a simple "No," but the counter argument here would be that the attorney-in-fact is simply changing the length of existing accounts without changing their POD provisions.
First published on BankersOnline.com 7/15/13