Can power of attorney change beneficiary on bank account? It depends on the POA’s specific wording, authorizing the agent to alter beneficiaries. State laws and bank policies also play a role, so clarity is crucial.
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Can a Power of Attorney Change a Beneficiary?
Can a power of attorney change a beneficiary? It depends on the POA’s specific wording and state law. Consult an estate planning attorney to ensure your wishes are followed.