Legal Question in Banking Law in Georgia
POA and joint bank accounts
my father is still living, but has given my brother POA, my dad and I share a joint bank account; can my brother withdrawl all funds in this joint account as POA without my knowledge (state is georgia)
Asked on 7/11/09, 4:45 pm
1 Answer from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
Re: POA and joint bank accounts
Possibly. The bank is not going to (and should not be expected to) keep up with whose funds are whose, or which party withdraws what, in a joint account.
Answered on 7/12/09, 8:39 am
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