Legal Question in Wills and Trusts in Illinois
joint agents on power of attorney
Can you have more than one agent on a Power of Attorney?
Asked on 4/18/06, 2:53 am
2 Answers from Attorneys
Jeffrey R. Gottlieb
Law Offices of Jeffrey R. Gottlieb, LLC
Re: joint agents on power of attorney
You can, BUT doing so will make the power of attorney non-statutory, meaning that 1) you will not receive the various protections and safe harbors provided by statute, and 2) third parties may give the agent(s) more hassle in dealings.
Generally not reccomended.
Answered on 4/18/06, 9:37 am
Amy DeLaney
DeLaney Law Offices, Ltd.
Re: joint agents on power of attorney
No, not in Illinois. Only one agent may be appointed at a time, although successor agents may be named.
Answered on 4/19/06, 3:51 pm
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