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Does POA Have Authority to Change Address?

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Question: 
Does a POA have the authority to change the address on the customers account?
Answer: 

The powers and authority granted to the attorney-in-fact (AIF) or agent would be found within the terms of the power of attorney (POA). Without reviewing the document, it is impossible to say.

[Editor's note: "Power of attorney," or "POA" refers to the document in which the principal grants authority to act on his/her behalf, or to the authority itself. The person to whom the authority is granted is referred to as the "attorney-in-fact" or "agent."]

First published on 02/09/2015

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