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Wells Fargo Power of Attorney Form

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Power of Attorney (POA)

Complete this form to designate an individual as attorney-in-fact for your Wells Fargo Advantage Funds account(s). An attorney-in-fact cannot be designated on custodial, estate, or guardianship accounts. If you have questions, call 1-800-222-8222, 24 hours a day, 7 days a week.

1 ACCOUNT INFORMATION (PLEASE PRINT)

Name of account owner or trustee (first, middle initial, last)

Social Security number

Name of joint account owner or co-trustee (first, middle initial, last)

Social Security number

Name of trust (if applicable)

Date of trust (if applicable)

*Trust accounts: Enclose a copy of the title page and the section of the trust document that allows for the appointment of an agent.

Choose one:

Establish the Power of Attorney designation on all of my Wells Fargo Advantage Funds accounts (nonretirement and retirement).

Establish this Power of Attorney designation only on the specific Fund and account number(s) listed below.

Fund and account number

Fund and account number

Fund and account number

Fund and account number

Fund and account number

Fund and account number

2 TYPE OF POWER OF ATTORNEY AND DESIGNATION OF ATTORNEY-IN-FACT

This Power of Attorney is (choose one):

Durable (Power of Attorney will continue even if you become incapacitated.)

Nondurable (Power of Attorney will terminate at such time as we receive actual notice of your incapacitation.)

I, hereby appoint , hereinafter referred to as “agent”) to act for me as my agent and attorney-in-fact for the “account(s)” defined as the accounts designated in section 1 of this form.

By having my signature notarized in section 3 of this form, I authorize the agent to act for me and on my behalf in the same manner and with the same force and effect as if I were acting with respect to such transactions as set forth below and all things necessary or incidental thereto:

  • Inquire about, buy, acquire, sell, redeem, exchange, assign or otherwise transfer to dispose of mutual fund shares, change my dividend and distribution options, direct and receive disbursements regardless of the tax consequences of such a disbursement, and exercise any and all investment powers available under my account(s);
  • Receive account statements and act with respect to them;
  • Endorse and cash or deposit checks payable to me; open other accounts in my name alone or together with my agent; and make, execute, and deliver any and all written instruments necessary to effectuate the powers conferred herein;
  • Initiate beneficiary changes on the account(s);
  • Do any other lawful act with respect to my account(s); and
  • If a retirement account is listed as one of my accounts, then in addition to the other powers specified herein, make contributions on my behalf; select any distribution option or change the payment options I have selected; request rollovers or transfers to or from my retirement account, up to and including the total amount of such account; and exercise the investment powers available under the retirement account as specified herein, including the purchase or sale of mutual fund shares held in the retirement account on my behalf.

3 INFORMATION FOR AND AFFIDAVIT OF ACCOUNT OWNER(S)

Notice to Person Executing Power of Attorney

A Power of Attorney is an important legal document. By signing the Power of Attorney, you are authorizing another person to act for you, the principal. Before you sign this Power of Attorney, you should know these important facts:

Your agent (attorney-in-fact) has no duty to act unless you and your agent agree otherwise in writing.

This document gives your agent the powers to manage, dispose of, sell, and convey your personal property, and to use your property as security if your agent borrows money on your behalf. This document does not give your agent the power to accept or receive any of your property, in trust or otherwise, as a gift, unless you specifically authorize the agent to accept or receive a gift.

Your agent will have the right to receive reasonable payment for services provided under this Power of Attorney unless you provide otherwise in this Power of Attorney.

The powers you give your agent will continue to exist for your entire lifetime, unless (a) you state that the Power of Attorney will last for a shorter period of time; (b) you terminate the Power of Attorney (effective when we receive written notice from you); or (c) for a nondurable Power of Attorney, you become incapacitated (effective when we receive written notice of your incapacitation).

You may amend or change this Power of Attorney only by executing a new Power of Attorney or by executing an amendment through the same formalities as an original.

You have the right to revoke or terminate this Power of Attorney at any time. However, you retain this right for a durable Power of Attorney only so long as you are competent. A nondurable Power of Attorney will automatically terminate at such time as we receive written notice of your incapacitation.

This Power of Attorney must be dated and must be acknowledged before a notary public.

You should read this Power of Attorney carefully. When effective, this Power of Attorney will give your agent the right to deal with property that you now have or might acquire in the future. The Power of Attorney is important to you. If you do not understand the Power of Attorney, or any provision of it, you should obtain the assistance of an attorney or other qualified person.

Account Owner(s) Agreement

I understand that this Power of Attorney designation shall replace any previous Power of Attorney designation I have made for the Wells Fargo Advantage Funds account(s) indicated in section 1 of this form.

I agree that any third party may act under this Power of Attorney, whether durable or nondurable, without further inquiry or investigation and regardless of the date of such authorization. I hereby ratify and confirm any and all transactions heretofore and hereafter made by the agent pursuant to this Power of Attorney for my account(s). I agree this Power of Attorney is governed by applicable California law.

I, for myself and my heirs, executors, legal representatives, and assigns, hereby agree to indemnify and hold harmless Wells Fargo Funds Management, LLC, the transfer agent for Wells Fargo Advantage Funds, and any and all affiliated or nonaffiliated third parties from and against any and all claims that may arise against such third party by reason of any action or inaction by such third party having relied on this Power of Attorney, and to pay such third party promptly on demand, for any and all losses arising out of any act by agent under this Power of Attorney. This indemnification and hold harmless provision shall survive any termination of this Power of Attorney.

The signature(s) must be notarized.

Signature of account owner or trustee

Print name

Date

Signature of joint account owner or co-trustee (if applicable)

Print name

Date

Notary Public

State of

County of

On this day of , 20 , before me , a notary public, personally appeared , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same.

Signature of notary public

My commission expires:

4 INFORMATION FOR AND AFFIDAVIT OF ATTORNEY-IN-FACT

Notice to Person Accepting the Appointment as Attorney-in-Fact

By acting or agreeing to act as the agent (attorney-in-fact) under this Power of Attorney, you assume the fiduciary and other legal responsibilities of an agent. These responsibilities include:

1. The legal duty to act solely in the interest of the principal and to avoid conflicts of interest.

2. The legal duty to keep the principal’s property separate and distinct from any other property owned or controlled by you.

You may not transfer the principal’s property to yourself without full and adequate consideration or accept a gift of the principal’s property unless this Power of Attorney specifically authorizes you to transfer property to yourself or accept a gift of the principal’s property.

If you transfer the principal’s property to yourself without specific authorization in the Power of Attorney, you may be prosecuted for fraud and/or embezzlement. If the principal is 65 years of age or older at the time that the property is transferred to you without authority, you may also be prosecuted for elder abuse under California Penal Code Section 368. In addition to criminal prosecution, you may also be sued in civil court.

I have read the foregoing notice and I understand the legal and fiduciary duties that I assume by acting or agreeing to act as the agent under the terms of this Power of Attorney.

IMPORTANT NOTICE: In compliance with the USA Patriot Act of 2001, all financial institutions are required to obtain, verify, and record information that identifies each person who opens an account or is granted authority to act on an account. What this means: As you are being named agent to act on the above-referenced account(s), we must ask for your name, address, date of birth, and Social Security number. This information will be verified to ensure your identity as required by the USA Patriot Act.

Name of agent (first, middle initial, last)

Social Security number

Date of birth (mm/dd/yy)

Residential address or APO/FPO

City

State

ZIP code

Being duly sworn and deposed, I affirm that , as principal, who resides at , did on this day of , 20 , appoint me as his/her/their true and lawful agent by the foregoing instrument hereby made a part hereof. I further certify, under penalty of perjury, that the personal information I have provided above is true and accurate.

The agent’s signature must be notarized.

Signature of agent

Print name

Date

Notary Public

State of

County of

On this day of , 20 , before me , a notary public, personally appeared , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same.

Signature of notary public

My commission expires:

Wells Fargo Funds Management, LLC, a wholly owned subsidiary of Wells Fargo & Company, provides investment advisory and administrative services for Wells Fargo Advantage Funds. Other affiliates of Wells Fargo & Company provide subadvisory and other services for the Funds. The Funds are distributed by Wells Fargo Funds Distributor, LLC, Member FINRA/SIPC, an affiliate of Wells Fargo & Company. 121079 04-10

NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
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What the Wells Fargo Power of Attorney Form Is and When It Applies

The Wells Fargo Power of Attorney Form is a financial durable power of attorney template used to authorize an agent to manage bank accounts and related financial transactions on behalf of a Wells Fargo customer. It specifies the scope of authority, effective date, and any limits on powers over deposit accounts, withdrawals, transfers, bill payments, and investment instructions. The form is a legal instrument governed by state power-of-attorney statutes and federal e-signature laws when executed electronically under ESIGN (15 U.S.C. ch. 96) or a state's UETA adoption. Proper execution often requires notarization and may require witnesses depending on state law.

Why This Form Matters for Account Management

A completed Wells Fargo Power of Attorney Form creates a clear legal pathway for an agent to access accounts, avoid service interruptions, and manage financial responsibilities if the principal cannot act. It reduces administrative delays and helps banks apply consistent verification and audit procedures under ESIGN and state law.

Why This Form Matters for Account Management

Who Typically Uses the Wells Fargo Power of Attorney Form

Typical users include individual customers arranging financial access, corporate account holders delegating transactional duties, and legal or fiduciary agents acting on behalf of principals.

  • Individual account holders who want a trusted agent to manage deposits, bill payments, and transfers
  • Family members or designated agents handling finances for an incapacitated principal
  • Legal representatives or corporate officers assigned limited or broad financial authority

Choose the appropriate variant and execution steps based on whether the agent will make routine transactions, sign checks, or handle investment decisions.

Common Roles and Responsibilities

Principal

The account owner who grants authority. The principal chooses the agent, defines scope, sets effective dates or springing conditions, and must sign the form correctly to ensure bank acceptance and avoid delays in account access.

Agent

The attorney-in-fact who acts on behalf of the principal. The agent must follow the document limits, produce identification at the bank, and keep records of transactions to demonstrate fiduciary compliance.

Core Elements Included in a Professional Wells Fargo Power of Attorney Form

A complete Wells Fargo Power of Attorney Form groups essential legal and account details so banks can verify authority and process transactions reliably.

Scope of Authority

Specifies account types and powers granted, such as deposits, withdrawals, transfers, bill payments, investment instructions, and tax-related tasks, to limit agent actions to intended activities.

Effective Date

Defines when authority begins (immediate or springing on incapacity). The choice affects when the bank will accept instructions from the agent.

Durability Clause

Indicates whether authority survives the principal’s incapacity (durable) or terminates upon incapacity, a critical distinction under state durable-POA statutes.

Successor Agents

Identifies backup agents and the order of succession to ensure continuity if the primary agent is unavailable or unwilling to serve.

Notarization and Witnessing

Records notarization and any required witness statements to meet state authentication rules and bank policies for document acceptance.

Revocation and Termination

States how the principal or a court can revoke authority and lists conditions that end the agent’s powers, such as death or a specified termination date.

Step-by-Step: Filling Out and Executing the Form

Follow these steps in sequence to complete, notarize, and submit a Wells Fargo Power of Attorney Form.

  • 01
    Prepare Details: Gather legal names, account numbers, agent contact and ID documents.
  • 02
    Complete Form: Fill fields legibly or use a typed fillable version to reduce errors.
  • 03
    Notarize / Witness: Arrange in-person notarization or meet state RON rules if allowed.
  • 04
    Deliver to Bank: Submit original or bank-accepted electronic copy per Wells Fargo policy.

Processing Flow from Signature to Account Access

This overview summarizes how banks typically verify and activate an agent’s authority after receiving a completed POA form.

  • Document Receipt: Bank receives signed original or certified electronic copy for review.
  • Identity Verification: Bank confirms principal and agent identities using ID or account records.
  • Policy Review: Bank checks the form against internal acceptance criteria and state law requirements.
  • Account Activation: Once accepted, agent access is recorded and operational for authorized transactions.

Configuring an Electronic Workflow for the POA

Set up a clear digital workflow to capture signatures, notarization, and secure delivery to Wells Fargo.

Field Configuration
Upload PDF or Word doc; ensure final text is correct before sending.
Field Placement Place signature, initials, date, and notary blocks in fixed positions.
Authenticator Use two-factor or bank-grade identity checks for agent verification.
Retention Save a tamper-evident copy and audit log for compliance.

Essential Verification and Security Elements

Principal ID: Government ID required
Agent ID: Agent photo ID required
Notary Seal: Notary acknowledgement
Witnesses: Where state law requires
Account Details: Account numbers and types
Signature Record: Signed and dated record

Digital Signing and Platform Considerations

Use a platform that supports secure e-signature capture, notarization workflows, and tamper-evident audit trails.

  • Authentication: Multi-factor options
  • Notarization: RON or in-person support
  • Integrations: Bank or document storage

eSignature Platform Pricing and Feature Snapshot

Compare common vendor starting prices and core features relevant to executing and storing a Wells Fargo Power of Attorney Form.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial Verify Verify Verify Verify
Bulk Send Yes Yes Yes Yes Yes
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Consequences of an Incorrect or Improperly Executed POA

Bank Refusal: Delayed or denied account access
Transaction Liability: Agent may face personal liability
Tax Exposure: Incorrect filings can trigger IRS inquiries
Fraud Risk: Unauthorized actions may be contested
Probate Complications: Improper POA can complicate estate matters
Legal Costs: Court or attorney fees to resolve disputes

Common Preparation and Processing Pitfalls

  • Using abbreviated or nicknames rather than full legal names causes identity mismatches at the bank and processing delays.
  • Failing to notarize or obtain required witnesses in the executing state can render the document unacceptable to financial institutions.
  • Omitting specific account numbers or leaving scope language overly broad leads to ambiguous authority and potential disputes.
  • Attempting to use an unsigned or unsigned-electronically-consented copy without a clear audit trail often fails bank acceptance under ESIGN.

Frequently Asked Questions About the Wells Fargo Power of Attorney Form

Answers to common questions about execution, notarization, revocation, and electronic acceptance of Wells Fargo Power of Attorney forms.


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