Acceptance of Your Power of Attorney

Acceptance of Your Power of Attorney

Encountering a third party who is reluctant to accept a power of attorney is generally more likely to occur with a financial power of attorney than with a health care power of attorney. As the principal, there are things you can do to ensure that your power of attorney will be accepted by third parties with whom you do business, such as banks, credit unions or investment brokers. Take a copy of your power of attorney (either before or after you execute it) to the third parties and tell them you want to ensure that your agent will be able to act on your behalf using this document. It will be easier for your agent to do business on your behalf if third parties are aware of the power of attorney and have a copy on file.