{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"199: Your Power of Attorney Is Valid\u2014So Why Won't Anyone Accept It?","description":"A new client recently asked Kirsten a question that resonated: "What can we do so we don't face the same pushback I did when my mom's bank wouldn't accept her power of attorney?" It's a frustration many families face\u2014you have all the right documents, but when it's time to use them, banks and institutions push back. In this quick-tips episode, Kirsten Howe explains why powers of attorney are the most problematic basic estate planning document\u2014not because they're poorly drafted, but because they require acceptance from a third party who doesn't know you to trust that your agent is legitimate. She walks through the bank's perspective on why they hesitate, and shares practical strategies to make sure your documents actually work when you need them most, including re-signing your POA periodically, keeping assets in your trust, and filling out your bank's own power of attorney form. Time-stamped Show Notes: 0:00 Introduction 1:24 The client question that inspired this episode: "What can we do to avoid the hassle I had with my mom's power of attorney?" 1:52 To get things started, Kirsten talks about what a power of attorney is and how it should work. 2:28 Next, let\u2019s discuss why powers of attorney are the most problematic estate planning document 3:18 The bank's perspective: Why financial institutions push back even on legally valid documents 4:09 Kirsten's own experience challenging powers of attorney\u2014why healthy skepticism is prudent 6:15 Re-sign your power of attorney every year or two to keep it fresh and current  6:45 Keep assets in your trust\u2014banks respond more favorably to successor trustees than POA agents  7:45 For accounts outside your trust, consider adding your child as a signer  8:00 Fill out your bank's own power of attorney form\u2014they can't question their own paperwork Take the Next Step in Your Estate Planning Journey If this episode resonated with you, we'd love to help you with your own estate planning needs in California. Schedule a complimentary discovery call with our team at Absolute Trust Counsel. During this no-obligation conversation, we'll: Learn about your unique situation and goals Answer questions about our services Determine if we're the right fit to work together Visit https:\/\/absolutetrustcounsel.com\/scheduling\/ or call 925-943-2740 to schedule your free discovery call today. Follow and Review: We\u2019d love for you to follow us if you haven\u2019t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We\u2019d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select \u201cRatings and Reviews\u201d and \u201cWrite a Review\u201d then a quick line with your favorite part of the episode. It only takes a couple second and it helps spread the word about the podcast. Episode Credits: The Absolute Trust Talk podcast is brought to you with the help of Q2Mark, led by Chief Marketing Officer Susie Hays. Since 2016, Q2Mark has partnered with Absolute Trust Counsel on all marketing communications\u2014from brand development and website design to this podcast series with over 192 episodes, social media management, video production, and more. If you're business owner looking for comprehensive marketing support, visit Q2Mark.com. ","author_name":"Absolute Trust Talk","author_url":"https:\/\/absolutetrustcounsel.com\/podcast","html":"