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Elder Law, Powers of Attorney, Living Wills (Advance Health Care Directives) : Includes Court Appointed Conservatorship, Elder Abuse, Durable Powers of Attorney, etc.
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Old 11-01-2009, 01:33 AM
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POA vs Trust & Co-Trustee

What is the name of your state (only U.S. law)? Washington

Help... We just discovered our son (an attorney) became a co-trustee with his grandmother which grants him amazing powers over her estate etc.

His grandmother's daughter has a financial POA with her brokerage firm.

Can grandson as a co-trustee of her trust trump the daughters financial POA?

He's after the money.... It's about power and control...

Thanks!What is the name of your state (only U.S. law)?
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Old 11-01-2009, 07:43 AM
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Usually when posters mention an "estate", they mean that someone has passed away. Is grandmother still alive?

"His grandmother's daughter has a financial POA with her brokerage firm" is unclear. Does daughter have a general POA? Or is the POA limited to a brokerage account? Is the brokerage account titled in the name of the trust?

If a general POA, does the document address the agent's powers with regard to the trust?

What sort of trust is it - revocable, irrevocable?
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Last edited by anteater; 11-01-2009 at 11:23 AM.
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