Legal Question in Wills and Trusts in Florida
if a friend signs over a $5,000.00 CD in my name about 4 years ago and her power attorney cashes it in, is that legal?
Asked on 4/22/10, 4:18 pm
2 Answers from Attorneys
Lucreita Becude
Lucreita D. Becude, P.A.
Not enough info. If you have a CD in your name - unless you are dead or have a power of attorney, no one should be assigning this to anyone.
Answered on 4/28/10, 7:39 am
Lesly Longa
Longa Law P.A.
If the CD was solely in your name, another person's agent under a power of attorney cannot cash-in your account. Consult with an attorney about your particular situation for more information. Regards,
Answered on 4/29/10, 5:34 am
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