I have a tenant renting a room in my house who is dying from liver disease. He is really old and he wants his son to have power of attorney for his bank account. His son is in the military and cannot leave base to come home to sign the form at the old man's bank. What should we do now to get this power of attorney form filled out? Thank you for your time.
Ask the bank for their own POA form, have the tenant sign it in front of (probably 2) witnesses. Ask the bank if they need it notarized. The son doesn't need to sign the POA, but the tenant needs to sign a POA form the bank will accept. It's the TENANT's POA, not the son's. The tenant is giving power TO the son. So only the tenant's signature is needed. It would be simpler to ask the bank if the tenant can add the son to the account. That kind of thing can usually be done thru the mail (signature cards). I did this with my dad, out-of-state. I never went to his bank, but signed the cards and sent them back. In fact, I'm listed on one bank account that I never signed anything for.
