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Power of Attorney Taking money

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Hi
long story short my partners nan has 2 sons, my partners dad and his uncle,

his uncle has cleared out one of her bank accounts, there is on a few thousand left.
They are taking his nan to the bank this morning for them to explain to her what has happened, they are then going to confront the uncle.

he is currently living with ohs nan, so they want to kick him out the house.

both sons have POA and he has been taking the money out via internet banking.

is there any way of stopping him having acsess to the account even though he is power of attorney?

they are worried that he will leave the house and clear out the account?

thanks

Comments

  • thank you jaybeetoo
  • would he be arrested if we phoned the police?
  • jaybeetoo
    jaybeetoo Posts: 1,370 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    "Call 999 if someone is in immediate danger or your local police if you think someone has committed a criminal offence."
  • Hi
    long story short my partners nan has 2 sons, my partners dad and his uncle,

    his uncle has cleared out one of her bank accounts, there is on a few thousand left.
    They are taking his nan to the bank this morning for them to explain to her what has happened, they are then going to confront the uncle.

    he is currently living with ohs nan, so they want to kick him out the house.

    both sons have POA and he has been taking the money out via internet banking.

    is there any way of stopping him having acsess to the account even though he is power of attorney?

    they are worried that he will leave the house and clear out the account?

    thanks


    First thing to check is how the poa is written, are they named jointly and / or severally. If the former, they need to agree on what is done, if the latter they can act independently.


    Is there a chance that he is acting severally, and maybe reinvesting the cash in better accounts for the benefit of your Nan? If he is doing this then legally he may be doing nothing wrong, however, I would have thought a sensible thing to do would have been to discuss this with his brother.


    As an attorney he has a duty to keep his finances separate to those of your Nan, and also act in her best interest
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