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New Jersey Special Durable Power of Attorney for Bank Account Matters Form

New Jersey Special Durable Power of Attorney for Bank Account Matters Form

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what if the agent is added to each account and or they are listed as beneficiaries so this is a a question regarding a power of attorney um you would have an agent under a power of attorney that can act on your behalf do certain things especially as they relate to legal and financial matters and so the question is well what if that agent is simply added to each of your accounts um so you can do that however if you put the agent on your account then they become a joint account holder and that may not be what you want if you have a a joint account holder on an account then that means that they have equal rights to the account as you do so I mean if it's a scenario where you're a parent and you have an only child and all your assets are going to be going to that only child anyway I and if you really trust them sure maybe you add them to your account make things easier uh but the whole purpose of having a durable power of attorney is so you don't have to actually pu

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