Can I have a Power of Attorney (POA) on my trust account?

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In general, trusts are not designed to have Power of Attorney (POA) agreements.  A successor trustee is generally designated in the trust to manage the trust if the original trustee resigns, becomes incapacitated, or passes away.

Trusts do allow for a Power of Attorney on rare occasions. In such cases, the trust would specifically allow the trustee to appoint an Attorney-in-Fact and the trustee’s Power of Attorney document would specifically allow the Attorney-in-Fact to manage the trust.

 

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